I have become a foreign citizen. Can my mother make me a joint owner in her property in India?ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to ...
08 Jul, 2026, 01.56 PM IST
Gifted a house to your spouse? You may still have to pay tax on the rental income: Know 7 key things before filing ITR for AY 2026-27Many taxpayers mistakenly believe that rental income from a house gifted to a spouse is taxable in the recipient spouse's hands. This artic...
08 Jul, 2026, 12.08 PM IST
Joint property given on rent: Can co-owner of property evict tenants without consent of other co-owners? Know what the law saysOne co-owner can evict tenants without others' formal consent. The Bombay High Court and Supreme Court have upheld this right. This princip...
07 Jul, 2026, 04.57 PM IST
For 36 years brothers fought among themselves to get late elder sister’s property; Brother with sister’s registered Will wins for this reasonElder sister gave the house to a brother via registered Will but other other brothers occupied the house with an alleged unregistered Will;...
07 Jul, 2026, 02.26 PM IST
Auto companies may soon get to trade BEE credits for easier fuel-efficiency complianceThe power ministry has introduced a new credit trading system aimed at Corporate Average Fuel Efficiency standards. Under this initiative, ...
07 Jul, 2026, 01.28 AM IST
NCLT order pertains only to 4.26% share transfer, not acquisition of Entertainment CityThe NCLT ordered the registration of a 4.26% share transfer in Entertainment City Limited. This transfer involves shares from IIRF Holdings...
06 Jul, 2026, 08.34 PM IST
ITR utility updated: New 'other income' column added under exempt income schedule; here's what it meansIncome Tax Return (ITR) filing for the assessment year 2026-2027 sees a significant update with a new 'Other Income' column under the Exemp...
06 Jul, 2026, 05.36 PM IST
From cash receipts to property deals: 8 key income tax limits every taxpayer should know to avoid penaltiesNew rules under the Income Tax Act 2025 are set to curb tax evasion by limiting cash transactions. Individuals cannot receive over Rs 2 lak...
06 Jul, 2026, 04.58 PM IST
Buying a home? 11 property documents every homebuyer must check before purchaseIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
06 Jul, 2026, 12.16 PM IST
Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
06 Jul, 2026, 12.01 PM IST
Bengal govt to recover three times the value of property damaged by vandalism under new law: CMWest Bengal is introducing a strict new law to curb vandalism and maintain public order. Individuals causing damage to property during prot...
05 Jul, 2026, 01.33 PM IST
Union Minister Shivraj Singh Chouhan releases Rs 25,863 crore to states under Viksit Bharat G-RAM-G schemeUnion Minister Shivraj Singh Chouhan disbursed ₹25,863 crore as the first installment for the Viksit Bharat G-RAM-G Yojana, a successor to ...
05 Jul, 2026, 01.22 PM IST
ED tells Delhi Court Robert Vadra allegedly exercised 'ultimate control' over London propertyAppearing before the Court, the ED submitted that the present filing is a supplementary prosecution complaint and that cognisance in the ca...
04 Jul, 2026, 03.19 PM IST
Father can't relinquish daughter’s share in ancestral property to son; Know the legal positionA father cannot legally sign away his daughter's rightful share in ancestral property to his son, the Andhra Pradesh High Court has ruled. ...
04 Jul, 2026, 11.22 AM IST
Landlord entitled to higher rent if tenant overstays even after seeking more time to vacate property in this situationDelhi High Court ruled that tenants overstaying their lease must pay increased rent as per the agreement, even if they temporarily requeste...
03 Jul, 2026, 05.34 PM IST
Centre notifies three sets of rules under VB-G RAM G ActNew rules under the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act have been notified, guiding the transition from M...
02 Jul, 2026, 08.30 PM IST
Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reasonThe Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The ...
02 Jul, 2026, 03.06 PM IST