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BUDGET 2017 – What NRIs expect and hope for!

BUDGET 2017 – What NRIs expect and hope for! : The waves that the demonetisation policies created across the NRI community across the globe in November, 2016 have laid grounds for anxiety over the next major step that the Indian government will present – the Budget, 2017. Given that the budget is to be presented in just a few days there is a lot of

The Value of a Succession Certificate

The Value of a Succession Certificate : Black Money, Benami Property, and Corruption are issues which are plague India, and the present Government is doing everything in its power to improve the country’s position. The steps taken by the government are eminent and effective. These steps might appear uncomfortable to those who have been used to defying the rules of the

BENAMI PROPERTY – Understanding the concept and the need to eliminate it

BENAMI PROPERTY – Understanding the concept and the need to eliminate it : Transparency in systems and Eradication of Corruption is a key focus of the present government. As the first leg of this drive, Prime Minister Modi announced the demonetisation process in the country in November 2016. The second phase of this anti-corruption, anti-black money is going to be an attack on ‘benami property.' Although the

ILLEGAL POSSESSION – When family turns foe, homes become battlegrounds!

ILLEGAL POSSESSION – When family turns foe, homes become battlegrounds! : ‘Till Death do us apart' is a status that all marriages would work well on. However, real life doesn't reflect that-separations, acrimonious divorces, partitions of property, fights over assets seem to form as much a part of the reality of marriages as honeymoons and holidays do! Deception and allegations are frequent in the course

Demonetisation- Sixty days of extended relief for NRIs

Demonetisation- Sixty days of extended relief for NRIs : As the country waited for the Prime minister’s speech on 31st December 2016 with anxiety and anticipation, the RBI prepared some more guidelines to make demonetisation a relatively process for the NRIs. Midnight, the central banking authority of India declared that it was extending the date by which the NRIs can exchange their banned

Divorce Might be More Expensive Than Marriage!

Divorce Might be More Expensive Than Marriage! : With the pain of separation and divorce, comes the harsh reality of sitting across the table and settling asset distribution too. Divorce cases could be resolved with the mutual consent or contested in court – in both the cases; there is a need for clarity about the ownership of assets. It is only with

DEMONETISATION – THE SOCIAL IMPACT

DEMONETISATION – THE SOCIAL IMPACT : Post November 8, the country has been debating on whether it helps to have a cashless economy or not. With that, there have been discussions going on about how exactly to convert the economy into a digital one. Somewhere in the background, this move towards turning into a cashless economy has shown its effect