From bank deposits and property to insurance and investments, here's how heirs can navigate legal documents and formalities to claim inherited assets without hassle.
If your father or grandfather died before 1956, you may not be entitled to claim a share in his property under the current law - even if you file a claim today.
Gold passed down from family is not taxed as income. Experts explains when capital gains tax applies on sale and what options you have to ease the burden
A Bombay HC ruling shows how a wording gap in Section 54 once let a son reinvest gains from his mother's flat into seven homes, escaping over Rs 1 crore in tax, rules are stricter now.
'NRIs often stumble over basics like title updates and taxes,' says expert. Inheritance is tax-free, but rental income and gains can trigger TDS, penalties, or compliance issues.
Don't invest all your money in one go. Start a systematic investment plan (SIP) or a systematic transfer plan (STP) to spread your investments and reduce the impact of market volatility.
High inheritance taxes have been cited by analysts as a factor behind the "Korea discount", which refers to South Korean firms' comparatively lower valuations.
While Special Marriage Act offers a path for interfaith couples to build a life together, understanding the inheritance implications - especially the exceptions - is crucial
Economists say overall tax levels are likely to approach an all-time high whoever wins the election, despite promises by both main parties not to increase major tax rates
If levied, within 20 years we will see a repeat of V P Singh's 1985 Budget speech proposing abolition because of its meagre yield and high cost of collection