In cases where there is no Will, or no valid Will, succession follows the intestate succession route as enshrined under the provisions of the Indian Succession Act, however vesting takes effect under personal law, which is different for Hindus (sometimes different for Sikh, Buddhist and Jain), Muslims, Christians and Parsees who inherit the estate of a person dying intestate.
While re-rating of US equities in last one year partially reflects the execution of corporate reforms, significant improvement in US domestic companies' competitiveness, on account of fiscal incentive, is arguably underway.
The NPS still remains a low fee product but one needs to contribute a reasonable amount for a longer period of time to gain the best value out of these low charges.
GDP showed a recovery at 6.3 percent vs 5.7 in Q1FY18. A closer look at the GDP deflator shows that while there is a sequential rise, it is still lower than its peak and thereby hinting at sub-optimal demand in the system
Inflation poses as a silent threat as it reduces real savings and investment returns.
One of the reasons why the ordinance amending the Insolvency code is needed is because for very long Indian governments have treated the public sector banks like an extension of the fisc
If you fail to link your Aadhaar by 31-Dec-2017, your existing folios will the frozen
Industry has an oligopolistic structure wherein a few companies are up the scale in technical knowhow and quality control which help in offering a palette of colour solutions vetted by necessary regulatory requirements in different geographies and client approvals.
It must also be mentioned that majority of the employers had little idea on the measures to be taken for addressing sexual harassment.
Flexible repayment option of flexible personal loans enables customers to focus on other vital issues of life as the requirements for finances can be met without needing to worry about the repayment date and instalment amount.
PSU recapitalisation may not restore competitiveness – be selective.
Education loan offers tax benefits under section 80E from the day the student starts repaying for a maximum period of eight years.
The Income Tax Department appears set to tax unsold flats that have been lying with developers for more than a year.
From the past few quarters, the real estate markets in India have been going through a phase of massive change.
Aligning international rates for energy prices and keeping the poor sections of the society protected would mean that the producing industries have a better chance of improving their profitability
While companies enjoy duopoly kind of dominance in the Indian market, competition from MNC suppliers and Chinese imports keeps a cap on margin expansion for a few of their products
Goal based evaluation helps in getting the client to focus on the critical items and avoid mistakes of herding
Investor behavior suggests that people are more likely to redeem/churn their investment during times of volatility
Spending more than what you have in hand is a common problem for many. It is best to keep a track of your spending habit and never exceed total expenses more than your income.
Agrovets’ performance remained near flattish. Overall, the businesses gained some momentum post the subdued activity around GST implementation.
There are multiple ways to raise money for funding your wedding.
The SWP enables investors to withdraw a specified amount regularly, thus addressing two shortcomings of the dividend option viz., quantum and timing.
Number of new units launched fell from the above average of 46,000 to 29,000 in Apr-Jun quarter of 2017, and further to 22,000 in Jul-Sep 2017.
By bringing logistics at par with roads in term of its status, the government has provided the necessary platform for development. It remains to be seen if the private sector bites the bullet and participates in the development of a logistical backbone
While a rider is just as good as buying a new policy, it usually is a very economical addition to get the maximum coverage from a plan.
