Searched for
TAX IMPLICATIONS OF DIVORCE
Many Americans make this costly 401(k) and IRA mistake — don’t leave a mess for your familyMany Americans risk sending their 401(k) and IRA savings to the wrong heirs. Outdated beneficiary forms override wills and can create tax p...
Denial of marital intimacy and alienating child amounts to mental cruelty, says Delhi High Court and grants divorce to husbandMental Cruelty: Wife denied physical relations to husband, pressured him to transfer property in her name; Delhi High Court grants divorce ...
Delhi High Court reprimands wife for filing false Section 498A, 406, 34 cases against husband’s familyDelhi High Court quashed criminal cases against a husband's sister. The court found the wife's allegations of dowry harassment and cruelty ...
Spouse, who hid details of past marriage has committed fraud; rules Delhi High Court and annuls marriageThe Delhi High Court upheld the annulment of a marriage, emphasizing the critical importance of honesty in matrimonial alliances. The husba...
She sold her house for Rs 2.7 crore to buy seven new flats and paid no income tax, wins case in ITAT Delhi; Know howSaroj sold her Punjabi Bagh house for Rs 2.7 crore. She then bought seven apartments in Greater Noida. She reported Rs 5 lakh income in ITR...
Wife with Rs 16 lakh annual income asks for maintenance; husband fights back and wins the case, here's howIn a significant ruling, the Madras High Court denied interim maintenance to a wife with substantial income and assets, reinforcing that su...
What really happens to your social security check after your spouse dies — here's the shocking truthSocial Security survivor benefits are one of the most misunderstood parts of retirement planning, yet they can decide how financially stabl...
Alimony and Income Tax: Is ex-wife liable to pay income tax on settlement amount received from husband in a divorce case?Alimony tax: Did you ever wonder if alimony is taxable for the ex-wife. This is because the alimony is paid by husband after paying all the...
In a divorce case in Supreme Court, wife gets a flat near Mumbai without paying any stamp duty for transferDivorce: On February 28, 2025 a husband won a divorce case in the Suprme Court without having to pay any alimony to wife. But the Supreme C...
Which parent will pay the income tax on gains made from selling investment in minor child’s name after divorce?When parents are married, it is the responsibility of the highest earning parent to pay income tax on gains or returns received on investme...
Maritime and land routes not distinct but part of silk roads ecosystem: Peter Frankopan"Certainly, massive new investment in infra, energy, transport and communications can, and will, help boost trade even further. But this is...
Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivityThe industrial policies emerging in the US and other parts of the world are reordering global production chains.
My husband was the karta of our HUF; he passed away. Can I take over as the karta till my sons become adults?Readers' estate planning queries answered.
Do I pay tax if my minor child earns an income?Find out the taxation liability of a parent if a minor child has an income, whether it is earned or unearned, says Riju Mehta
What a husband stands to lose if he divorces his wifeWhen you are finding it difficult to hold your marriage together and contemplating a formal separation, you need to be mindful of not only ...
Businesses go for prenups before joining handsTaking cues from several ongoing disputes between promoters, JV partners and shareholders, entrepreneurs are putting a specific clause of ‘...
By exiting, is Warren Buffett escaping potential messiness of the Gates split between his 2 longtime friends?The divorce put Buffett in an awkward position as tie-breaker for the two exes.
Financial planning for newlyweds: It can be a marriage of your finances, tooThe big fat Indian wedding season has begun! From November to about mid-February next year, the Band-Baaja-Barat company will be on a roll.
What are the implications of taking a joint home loan?The Aroras could take up term insurance or home loan insurance in order to cover up for the financial responsibility in the unfortunate eve...
UPA must push reforms to revive growth if it wishes to stay in officeDespite repeated concerns voiced by all concerned, status quo continued is testament to the inability of the govt to grasp the gravity of t...