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ANCESTRAL ASSETS
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- Supreme Court suggests mediation to settle dispute in Bharat Forge promoter familyThe Supreme Court has proposed mediation for the Kalyani siblings to settle their extensive family dispute over ancestral wealth and compan...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- Vaibhav Sooryavanshi’s net worth: How rich is the 15-year-old cricket sensation? A look at his wealth, cars, properties, IPL salary and luxury lifestyleVaibhav Sooryavanshi net worth: Vaibhav Sooryavanshi, a 15-year-old cricketer, is making waves in the IPL with Rajasthan Royals. His recent...
- Rs 45 lakh city salary vs Rs 8 lakh village income: Bengaluru techie shares why assets, not salary, determine real wealthA viral post by Bengaluru techie Sakshi highlights how owning assets, not just high salaries, builds true wealth. Her village cousin, earni...
- 'When I had Rs 5, I wanted to buy something of Rs 100': Archana Puran Singh eyes luxury sea-facing bungalow in Madh Island. Here's what she says about the priceActor Archana Puran Singh explored buying a new home in Madh Island. The journey highlighted her past investments and current financial out...
- Why Shekhawati’s iconic havelis, once home to Birlas, Dalmias, Khaitans, are facing an existential crisisRajasthan's historic Shekhawati region, famed for its fresco-painted havelis, faces severe deterioration due to neglect and demolition. Onc...
- Inherited wealth: How to plan wisely and avoid costly impulsive decisions for long-term financial securityThe primary rule to follow is: do not make rash and immediate decisions. Take time to consider what you have inherited and how to use it in...
- Akshaya Tritiya Alert: Fake gold-silver scam exposed. How conman who earlier duped Aditya Pancholi & Salim Khan's aide trapped victimsAn interstate fake gold coin scam targeting wealthy individuals was busted by Gurgaon Police, with the arrest of Solanki Prabhubhai Gulshan...
- Calling property ‘ancestral’ isn’t enough: Courts demand clear chain of title and documentary proofCourts now demand concrete proof for ancestral property claims. Simply calling property ancestral is insufficient. Claimants must establish...
- Karta’s property not treated as HUF asset if he can prove it was acquired from personal income without use of ancestral assetsThe Supreme Court of India has clarified property division rules for Hindu Undivided Families. A Karta's property is considered self-acquir...
- Sale of ancestral property: Can daughters and her descendants make rightful claims?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
- Inheritance rights: How self-acquired, ancestral property will go to different categories of childrenIf the parents pass away intestate, the minor child, being a class I heir, will have the first right to the property, but cannot manage it ...
- I want to buy a house in Canada by selling all my stocks in India. What will be my tax liability?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
- Can a disowned son claim his right in father’s property?Any property that is acquired by a person himself, either by way of his own resources or by way of division of the ancestral property, is h...
- When is a daughter legal heir of her parent's assets and when she is not?The Supreme Court in its judgement gave equal rights to daughters as sons. Would it mean that under no circumstances can a daughter be deni...
- Women born before 2005 too have right to ancestral assets: Supreme CourtAgreeing with their plea, the SC set aside the HC order and said the year of birth was not a criterion to decide whether a woman was covere...
- Bombay High Court orders Vijaypat Singhania to respond to property plea"The grandchildren feel that they too have a right to the properties, and that it can't be denied by their parents through an agreement."
- Grandchildren drag Vijaypat Singhania to court over property rightThe suit filed in the Bombay HC has also made the flagship company Raymond Ltd and their parents, Madhupati and Anuradha Singhania, party t...
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