Clipped from: https://economictimes.indiatimes.com/wealth/plan/will-vs-gift-vs-family-trust-whats-the-best-way-to-give-assets-to-heirs/articleshow/78659613.cms SynopsisThis article looks at transferring of assets to legal heirs via three routes: a will, a gift deed, and a private family trust.
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
CBIC makes Aadhaar authentication of taxpayers mandatory for claiming GST refund – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-makes-aadhaar-authentication-of-taxpayers-mandatory-for-claiming-gst-refund/articleshow/86509286.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The notification states that from January 1, 2022, businesses who have defaulted in filing summary return and paying monthly GST will not be
black money: IT dept detects Rs 300-crore black money after raiding 2 Chennai financing groups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/it-dept-detects-rs-300-crore-black-money-after-raiding-2-chennai-financing-groups/articleshow/86503012.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “The searches, so far, have resulted in the detection of undisclosed income of more than Rs 300 crore and unaccounted cash of Rs
GST: Not all intermediaries out of the woods, will continue legal tussle against government – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-not-all-intermediaries-out-of-the-woods-will-continue-legal-tussle-against-government/articleshow/86502773.cmsSynopsis These intermediaries say that they have been left out of the recent clarification by the government and that they will continue their legal
Rs 700-cr shares frozen after raids on Karvy CMD Parthasarathy: ED | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rs-700-cr-shares-frozen-after-raids-on-karvy-cmd-parthasarathy-ed-121092500552_1.html This is part of a money laundering investigation Photo: ANI The Enforcement Directorate (ED) on Saturday said it has frozen shares worth Rs 700 crore
Seniors should buy health plans with some co-pay if premium has to be low | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/senior-citizen-health-insurance-plans-seniors-should-buy-health-plans-with-some-co-pay-if-premium-has-to-be-low-121092400807_1.html Health insurance plans for elderly: They might want to consider critical illness covers, super top-ups and plans that cover homecare treatment among other
Podcast | Filing tax returns: These ‘conditions apply’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/filing-tax-returns-understanding-the-conditions-apply-clauses/article36664134.ece?homepage=true The deadline for filing your tax returns has been extended to December 31, 2021. But did you know that you are likely to
Missing skills: Low employability calls for academia-industry link
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/missing-skills-low-employability-calls-for-academia-industry-link/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Compensating death: Ex gratia for Covid victim kin raises many thorny questions, fiscally and ethically
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/compensating-death-ex-gratia-for-covid-victim-kin-raises-many-thorny-questions-fiscally-and-ethically/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
A time to introspect: The Hindu Editorial on Centre-State dialogue and GST – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/a-time-to-introspect-the-hindu-editorial-on-centre-state-dialogue-and-gst/article36619857.ece More Centre-State deliberations needed with GST regime at a critical turning point At its first physical meeting during the pandemic, the GST Council approved
Why China has decided against saving Evergrande | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/evergrande-chinese-government-economy-communist-party-7532938/ It is the strongest signal yet that no corporate is ‘too big to fail’ and that there are no state guarantees for them.
Courts with hybrid model — the way forward – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/courts-with-hybrid-model-the-way-forward/article36655575.ece?homepage=true Virtual justice delivery – Krishna Prasad Virtual justice delivery – Krishna Prasad× As the pandemic moves to becoming ‘endemic’, virtual hearings must co-exist
Down the shutters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-anti-profiteering-authority-has-served-its-purpose-and-shouldnt-be-given-extensions/article36655126.ece?homepage=true Now that the ecosystem has adapted to GST, the NAA can be eased out – KVS Giri Now that the ecosystem has adapted
Finmin withdraws expenditure curb, economy to get boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/finmin-withdraws-expenditure-curb-economy-to-get-boost/article36647600.ece Move seen as precursor to preparation of revised estimate for current fiscal With tax collections showing a rising trend, the Finance Ministry has
Stricter regime for non-filers of GST returns: Tarun Bajaj – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/stricter-regime-for-non-filers-of-gst-returns-tarun-bajaj/article36655912.ece Revenue Secretary says there will be more checks from January, compliance is a must Revenue Secretary Tarun Bajaj said the new income tax
China’s blanket crypto ban sends most digital units tumbling – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/chinas-blanket-crypto-ban-sends-most-digital-units-tumbling/article36657184.ece?homepage=true Bitcoin was down by over 7 per cent on Friday – REUTERS Bitcoin was down by over 7 per cent on Friday –
gst: CBIC asks taxmen to complete GST evasion investigations within a year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/cbic-asks-taxmen-to-complete-gst-evasion-investigations-within-a-year/articleshow/86477095.cmsSynopsis The CBIC observed if the issuance of SCNs is pushed to close proximity of the end dates/last dates, it may leave very little
RBI permits lenders to sell fraud loans to ARCs, paves way for resolution | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-permits-lenders-to-sell-fraud-loans-to-arcs-paves-way-for-resolution-121092401209_1.html Legal onus regarding reporting, monitoring, filing of complaints with law enforcement agencies will move to the ARCs post the transfer Photo: Shutterstock The Reserve
Evergrande crisis: A modified script may need to be written on China | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/evergrande-crisis-a-modified-script-may-need-to-be-written-on-china-121092401055_1.html This crisis could mark the end of the long run of “miracle” growth that made China the world’s second-largest economy, and a challenger
Do you need to pay advance tax on capital gains from shares, dividends? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/do-you-need-to-pay-advance-tax-on-capital-gains-from-shares-dividends/2337056/ Advance Tax Payment Rules: While we file Income Tax Return (ITR) for the previous financial year to settle tax liability or claim a
