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WILL

A Will is a sensitive topic. People are not comfortable discussing a Will in India. There is a misconception that if someone tells to make a Will, the person thinks ...
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GIFT

A valid gift has to satisfy the following requirements: Must be voluntaryWithout any considerationAccepted by the person to whom it is gifted. The person giving the gift is called the ...
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Who is Nominee?

As per law, a nominee is a trustee, not the owner of the assets. In other words, a nominee is only a caretaker of the assets. It Means: The nominee ...
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Hindu Succession Act, 1956

Who is an Hindu…? This Act applies:- To any person, who is a Hindu by religion in any of its forms or developments including a Virashalva, a Lingayat or a ...
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KNOW YOUR BANK

There are some parameters that bank customers should monitor regularly to avoid a shock later. GROSS NON PERFORMING ASSETS NPA’s indicate how much of a bank’s loan are in danger ...
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Hindu Undivided Family

What Is HUF? By definition, HUF consists of all individuals who are lineally descended from a common ancestor and also comprises of daughters. HUF is not formed by a contract ...
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