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Adding another person’s name to property documents is very common across India. Husbands may include wives while parents may include children. People may also add other relatives or trusted friends. Often, one person pays everything although both names appear as owners. Tax authorities now receive transaction details from registrars and TDS filings. They can compare…
The 8th central pay commission (CPC) began its two-day state visit to Rajasthan today, with official meetings in Jaipur scheduled from 31 August to 1 September (Monday-Tuesday). Only those who requested an appointment by 18 August will we allotted slots, as per the notice on the commission’s website. Notably, discussions are likely with various employee…
Loan terms, interest structure and lender play a decisive role when considering early closure of education loan. Although prepayment of a loan can save future interest and free up your monthly income, but there are several factors one must consider before deciding to become debt free. Providing protection to individual borrowers, the Reserve Bank of…
The Pension Fund Regulatory and Development Authority (PFRDA) has directed pension funds to modify, restructure or reclassify existing Multiple Scheme Framework (MSF) schemes to align them with its new standardised framework for classification and presentation of NPS schemes. Under the regulator’s circular dated 28 August 2026, pension funds have been given 30 days to bring…
An Ahmedabad police inspector lost around ₹5.4 lakh after fraudsters posing as insurance company officials allegedly convinced her that she was entitled to a much larger refund and maturity payout, according to a report by The Times of India. The scammers used details of her existing policies to make their claims appear credible before repeatedly…
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…
The Department of Personnel and Training (DoPT) has formally forwarded representations seeking pension revision for central government employees who retired before 1 January 2026 to the Department of Expenditure (DoE), putting the long-standing demand before the finance ministry department responsible for expenditure matters. In an Office Memorandum dated 18 August 2026, the DoPT said it…
Credit cards have nowadays become essential and convenient financial tool, offering flexibility while making purchases. At times when carrying cash is not only cumbersome but also comes with risks of theft, credit card becomes a saviour for expensive purchases. 4 reasons to accept increase in credit card limit Credit card companies often offer to extend…
The Supreme Court recently ruled that a revenue entry does not imply abandonment of property rights, emphasising that proof of relinquishment is necessary. The bench, in its order dated 20 August, upheld a trial court’s decision affirming co-ownership of joint family property after rejecting claims of voluntary relinquishment, Live Law reported. The Supreme Court bench…
Online vs offline: What are you paying for? Mohini Mahadevia, certified financial planner and founder of estate planning firm SOLUFIN, said that offline lawyers typically charge ₹10,000- ₹50,000 to prepare a will, depending on their experience and expertise. Registration-related assistance is generally charged separately and can vary across states. In Mumbai, for instance, she said…