Actually the property is a house. Myself & my wife are living in this house. It is under Housing loan. My elder son is the main applicant & we are co applicants. The property is in our names (Myself & my wife’s name). I have 2 sons.Younger son also major. kindly help me to find the procedure to gift this property to my elder son.
I have a PPF account wherein I yearly deposit the maximum prescribed amount i.e Rs ONE LAKH. I want to open PPF account in the name my son (10yrs) as a guardian. I would like to know whether I can deposit another one lakh rupees yearly in my son’s PPF in addition to one lakh rupees that I deposit in my PPF . However,I shall claim Income tax benefit (80C) only on one lakh rupees deposited in my account.
Procedure for transfer of real estate of deceased parents where they have left no will and all the sons and daughters have agreed to transfer the property in name of one son?
i m danish from kanpu(u.p.). i m a student but this time i doing mcx commudity trading in which i lost a lot amount of money.till now. Plz suggest me how can we recover my money and which mutual fund is much better for me.
It would be of great help if you can tell which Post office i can go to get this done as i have heard that all of them do not do this, any and all information with regards to this query is deeply appreciated, thanks.
I need to invest amount in PPF but i have to do within deadline. I am worried how much time it takes to open an PPF account ? what details i required ?
My father died on 29th May 2010. He was a retired (March 2005) Central Govt. employee (Indian Navy). My mother is mentally ill (Paranoid Schizophrenia).
I want to know if:
1) She is eligible for the family pension?
2) Shall a bank allow us to open a pension account in her name or can it refuse to do so on the basis of her mental condition?
3) If allowed, can someone like me (42 y.o. son), be authorized to operate that account on her behalf?
I am an Indian. I live in Bopal, outskirts of Ahmedabad, India. The house is in father’s and mother’s joint name.My parents are alive & are dependent on me as I am the earning member in house. I am the only son & my sister is married. I want to reconstruct my house by taking home loan. Do I need to pay stamp duty on document to get the home loan from gov bank? What shall I do so that I can get Home Loan from Gov. bank?
a person (shyam)have ancestral agricultural property from his mother. his son has any legal right to get full property after the death of his parent. when the sister(daughter of shyam) demand her share.