Parents gifting their property to their children in expectation of maintenance in their old age should make this condition part of the gift deed, the Supreme Court (SC) has ruled. In case a condition … READ FULL STORY
The Reserve Bank of India (RBI) on December 7, 2022, increased the repo rate by 35 basis points. The fifth consecutive hike in the apex bank’s benchmark lending rate has brought it to 6.25% … READ FULL STORY
GST types There are three types of taxes under the GST against which tax payers can take credit. Check out our guide on GST search and GST verification CGST The centre … READ FULL STORY
A lien is a legal right to keep someone else’s property until the owner satisfies a legal obligation to the holder, such as paying legitimate fees for services rendered. Typical liens include mortgages. A … READ FULL STORY
In all banking, job and position-related works, authorities ask you to give the names of nominees. Nominees are the people who would be responsible to receive certain benefits in case the person nominating them … READ FULL STORY
Those whose properties fall under the ambit of the Patna Municipal Corporation have to pay Patna property tax to the authority on a yearly basis. How is property tax calculated in Patna? The … READ FULL STORY
Trains on the Delhi Metro’s Grey line between Najafgfarh and Dhansa Bus Stand will operate on up and down lines with automated signalling system from November 25, 2022. As per a DMRC official, metro … READ FULL STORY
If banks were to increase lending rates by another 25 basis points in future, loan EMIs would increase by 200 basis points (2%), says the latest report by Motilal Oswal Financial Services. The analysis … READ FULL STORY
Construction of the 15.5-km Airport-Kilambakkam metro line in Chennai is expected to begin soon as Chennai Unified Metropolitan Transport Authority (CUMTA) has approved the metro project with the government order in this regard awaited. … READ FULL STORY
As part of the construction work of Metro Line-6, known as the Pink Line, J Kumar Infraprojects has launched three 56-m steel composite girders, says The Metro Rail Guy portal. Upon completion, the Pink Line that … READ FULL STORY
A certificate of incorporation is a legal document that attests to your limited business’s formation and Companies House registration. This complies with the 2006 Companies Act. It serves as a kind of birth certificate … READ FULL STORY
While buyers have to pay a one-time amount to become the owner of a property, they have to consistently pay smaller amounts in the form of property tax, to maintain their ownership over … READ FULL STORY
The Supreme Court on November 16, 2022, stayed a Bombay High Court order, in which the latter had said those interested in feeding stray dogs should adopt them. While stating that no coercive action … READ FULL STORY
