In India, property inheritance holds immense significance since it relates to protecting lineage and legal rights of heirs over assets and wealth after the owner’s death. Property inheritance in India can be complex because … READ FULL STORY
Property acquisition can be quite intimidating, considering the costs that the buyer has to bear. In big cities, in fact, a majority of people have to take home loans from banks, to buy properties, … READ FULL STORY
There are property inheritance laws under which one can claim his rightful share in a property. Property disputes commonly arise over unfairness in property distribution through wills. At the same time, an individual may … READ FULL STORY
Transfer of immovable property such as flats, apartments and land is highly complex, attracting a great amount of paperwork, legal complexities and tax implications. The law of succession to a property, depends on whether … READ FULL STORY
Inheritance refers to the transfer of properties and other assets of an individual to their legal heir in case of death or any eventuality. For married individuals, the process is simple, where the assets … READ FULL STORY
Laws governing property ownership by non-residents in India are not only different from the laws governing residents, they are also quite complicated. Even though there is a wide range of assets that NRIs can own … READ FULL STORY
A person is taxed on the income earned by him. This income may be active income, in the form of salaries or income from business. It may also be passive income, like capital gains … READ FULL STORY
Property dispute numbers in India are quite overwhelming. Only over 66% of the cases pending in various civil courts of India are related to property disputes. Of all the cases that India’s apex court … READ FULL STORY
Under the Indian laws, the assets earned by a Hindu or inherited from anyone except his father, grandfather or great-grandfather, are treated as personal assets. As far as personal assets are concerned, you are … READ FULL STORY
A son-in-law has no right in a property belonging to his father-in-law, even if the former has made contributions for the construction work of the said property, the Kerala High Court has ruled. Giving … READ FULL STORY
There is considerable confusion over the taxes applicable on the sale of an inherited property. While many think that the money received on sale of an inherited house is fully tax exempt, others feel … READ FULL STORY
Passing on the assets of a person after his/her death, involves several critical issues, especially if it involves the inheritance of property. Therefore, it is important to understand the various inheritance laws, to avoid … READ FULL STORY
Acquisition of immovable property by a minor A minor can acquire an immovable in various ways. He can acquire it by way of inheritance, either through a will or through the intestate succession law … READ FULL STORY
