Adding a family member’s name to a property is a common practice in India. A husband may add his wife, a son his mother, or a parent their child. Sometimes, a relative or even a close friend may be made a joint owner. In many such cases, the person whose name appears first may have paid the entire consideration, while the other person may not have contributed anything.
Mumbai: In its first order since introducing the new closing auction session (CAS) earlier this month, Sebi on Wednesday barred Copthall Mauritius Investment and Mansi Share and Stock Broking from accessing the securities market and participating in the CAS, alleging the two entities manipulated the Sensex on the August 13 expiry day to benefit from…
Shares of Yatharth Hospital & Trauma Care Services jumped more than 5% amid buzz around Advent International and Blackstone-backed Aster DM Quality Care negotiating to acquire a controlling stake in the specialty hospital chain. Yatharth Hospital shares surged to a fresh 52-week high of Rs 1,024.85 apiece on the NSE. India’s second-largest hospital chain is…
Finance Minister Nirmala Sitharaman on Friday urged income tax officials to take firm action against tax evaders while ensuring convenience for honest taxpayers, stressing that a predictable tax regime is essential for economic growth. Speaking at the 167th Income Tax Day celebrations in New Delhi, the minister also noted that the income tax department’s responsibility…
As the 31 July income tax return (ITR) filing deadline enters its final hours, many taxpayers are rushing to submit their returns before the clock hits 12 am. In the hurry to complete the process, small errors can go unnoticed and some of them may lead to complications after the ITR has already been filed….
Dearness Allowance: The Joint Coordination Committee (JAC) of Punjab Government Employees and Pensioners has pushed for long-pension DA and pension related demands to be fulfilled by the state government, according to a report by the Hindustan Times. Members demonstrated outside cabinet minister Hardeep Singh Mundian’s house in Ludhiana and submitted a memorandum demanding quick resolution,…
The Indian stock market will remain open on August 28, despite Raksha Bandhan celebrations in several parts of the country. Both the NSE and BSE will operate as usual, as August 28 is not listed as a trading holiday in the 2026 exchange holiday calendars. Trading will continue across the Equity, Equity Derivatives, Currency Derivatives,…