Given the dynamics of wealth creation in the past two decades, Asian and Indian households have not only witnessed some of the largest absolute gains in wealth in the world, they are also poised to witness one of the largest wealth transfers in history. This takes the focus beyond wealth creation and brings attention to […]
IS your communication Address linked to PAN (Permanent Account No) up-to-date?
Most of us might have applied for PAN card few years back and there might be change in our communication address. To check the address that is linked to your PAN card, visit Income Tax website . You should have login Id to access the info. And click on “ My Account” option and then […]
Reverse Mortgage (Home Loan)
What is it? A reverse mortgage (or lifetime mortgage) is a loan available to senior citizens. Reverse mortgage, as its name suggests, is exactly opposite of a typical mortgage, such as a home loan. How does it work? In a typical mortgage, you borrow money in lump sum right at the beginning and then pay […]
Options for adding Spouse’s name as co-owner of the Property
Adding another owner (as co-owner) to your property can be done through.. Sale Deed You can include your Spouse’s name in the new sale deed mentioning the ratio or portion of the ownership and get it registered. The stamp duty is typically in the range of 5-12.5% of the market value of the property (varies […]
