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GIFT IN MARRIAGE TAX LAW
Quote of the Day by the author of the Harry Potter series, J.K. Rowling: 'It is our choices that show what we truly are...'-Incredible lessons on character, free will, and the power of moral courage by the bestselling children's authorQuote of the Day: J.K. Rowling captivates us with the idea that our essence is not defined by our skills, but by our decisions, particularl...- GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time highGIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India's offshore derivative...
- Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
- Seeking US Green Card by investment through EB-5 Visa? Apply before Sept 30, 2026 deadline and watch out for these red flagsFile your application before 30 September 2026 to lock in today’s rules for the whole journey. Source-of-funds standards, investment struct...
- NCP distances itself from Maharashtra MLA's remarks on polygamyThe Nationalist Congress Party (NCP) has distanced itself from MLA Sana Malik's recent remarks on talaq and polygamy in the Maharashtra ass...
- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- Mumbai's faith, food and identity: The battle over sacred traditionsThe evolution of Mumbai from seven islands into a bustling urban center illustrates the ongoing tension between age-old traditions and cont...
- Areion Assets Management launches $60 million AIF to tap India's special situations marketAreion Assets Management has launched a $60 million Category III AIF from GIFT City targeting India’s special situations market. The fund w...
- Child marriage curb: Maharashtra considering a rule mandating birth dates on wedding cardsMaharashtra is exploring printing birth dates on wedding invitations to combat child marriages, aiming to reduce incidents to under 10% in ...
- German citizenship: Rules, eligibility and application process explainedGermany has eased its citizenship rules, allowing many foreign residents to naturalize after five years of legal stay. Applicants need to m...
- On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...
- US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassleIndians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...
- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
- Wife refused to leave sister-in-law’s house after husband moved out; Delhi HC orders her evictionA Delhi High Court ruling has affirmed a woman's eviction from her sister-in-law's inherited property. The court stated that once a husband...
- Best Proverb of the Day: “Never marry for money. You'll borrow it cheaper.” — A timeless lesson on love and relationshipsBest Proverb of the Day: The famous Scottish proverb offers a timeless lesson that one should always prioritize genuine connection over fin...
- Modern proverb of the day: 'A marriage can survive storms but not indifference and neglect'. A timeless lesson on keeping love aliveMajor arguments can test a marriage, but small acts of indifference and neglect are more damaging. Couples can overcome significant challen...
- Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...
- Delhi HC refuses to waive 30-day notice period under Special Marriage Act, says courts cannot override statutory mandateThe Delhi High Court has refused to relax the mandatory 30-day waiting period prescribed under the Special Marriage Act, 1954, for a couple...
- The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
- New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
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