The Bombay High Court ruled that land inherited by a son from his father after 1956 is his self-acquired property, not ancestral. This grants him absolute rights to sell it without family objections.
IHT is often described as a voluntary tax, as it’s possible to reduce the tax payable by giving assets away. But it’s not quite that simple, as you need to balance tax planning with financial security ...
A recent report by the Korea Chamber of Commerce and Industry (KCCI) has sounded the alarm over a growing outflow of wealth linked to inheritance taxes. The report says Korea has the highest effective ...
Explore Keshava Guha`s insights on India`s elite moral crisis and patriarchy through his novel `The Tiger`s Share` ...