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COMPENSATION CALCULATIONS FOR HOMEMAKERS
SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...- SC sets Rs 30,000 monthly income for housewives, calls them 'nation builders'The Supreme Court has declared homemakers as nation builders. Their domestic care work will now be recognized as a separate category for co...
- Family of deceased housewife wins Rs 6 lakh in SC; homemaking not a valid ground for low payout to accident victimMotor Accident Death: Supreme Court Holds homemaker’s life as valuable as others and hence hikes compensation to car accident victim's fami...
- "Homemaker's worth can't be calculated in numbers": HC orders insurance company to pay Rs 16 lakh compensationThe Delhi High Court has ruled that compensation for the demise of a homemaker is complex and cannot be accurately quantified in monetary t...
- Notional income for homemakers in claims case signals law believes in their sacrifices: SCA bench of Justices N V Ramana, S Abdul Nazeer and Surya Kant said in Tuesday's verdict that grant of compensation, on a pecuniary basis, t...
- Do I have to pay tax for the capital gains earned by my homemaker wife?"Yes, you will have to pay tax on the capital gains earned by your wife from the sale of the stocks."
- 7 things homemakers must do to safeguard their financial futureTry not to shy away from financial planning. If you are not keen about handling these yourself, make sure you are aware of the instruments ...
- Financial dos and dont's for parents in their late 30s, early 40sIf you become parents in your late 30s or early 40s, it calls for a rejig of finances. Find out how to bring more focus to your planning.
- Homemakers as valuable as earning members: Allahabad HCGiving this judgment, a division bench of Justice Sunil Ambwani and Justice A N Mithal dismissed a first appeal from order filed by the Rel...
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