Corporate and social sector boards face governance challenges. Recent events highlight the need for competent, diverse, and cohesive boards...

Several public charitable trusts have challenged the Income Tax Department’s insistence that trust deeds must explicitly state they are “ir...

Tata Trusts is reviewing governance for the Sir Ratan Tata Trust. A new trust deed may be drafted. This follows discussions on trustee appo...

India’s Income Tax Department is pushing charitable trusts to include an ‘irrevocable’ clause in their trust deeds or risk losing key tax b...

Blockchain technology creates a secure, transparent, and immutable digital ledger for all property transactions, which makes it tamper-proo...

Nomination of financial assets helps in making sure that the intended beneficiary get quick control over the asset. However, can this work ...

The modes of transfer can be divided into two types: (A) Those where the instrument of transfer needs to be stamped ad valorem and is manda...

This article looks at transferring of assets to legal heirs via three routes: a will, a gift deed, and a private family trust. The article ...

Typically one or both parents of the special needs child are the settlers. They need to identify trustees who understand the child’s needs ...

The ITAT said tax authorities ought to have accepted the voluntary action by the trusts to surrender their registration in March 2015 — the...

Trusts plan to contend they didn’t violate trust deeds, had surrendered their registrations in 2015.

Six Tata trusts had their registrations cancelled & will now challenge the order before ITAT.

Will have to cease operations if forced to pay tax and arrears, said one of the six trusts.

The I-T commissioner (exemptions) had on March 8 issued notice to NRTT because of alleged “non-compliance” of rules that govern use of trus...

The Revenue Department issued a circular allowing registration of all GPA-based property transactions in the city with immediate effect.

Delhi government has decided to reverse the directive that put a stop to registration of all general power of attorney (GPA)-based property...

The process of getting a mutual fund identification number (MIN) is turning out to be a cumbersome task for non-individual investors as wel...