REVOCABLE TRUST

Centre placed Campaign For Tobacco-Free Kids under PRC, impacting international donations in India. CFTK partners with Michael Bloomberg to combat tobacco globally. Several NGOs, including Oxfam India, lost FCRA licences due to misuse of foreign fun...

Will, gift deed, private trusts are some of the most commonly used methods that an individual can use to pass on the assets to his/her family members. There may be instances where will and/or gift deed does not suit the requirements for passing on t...

Family trusts are effective and convenient, and if used prudently can provide various benefits as a holistic succession planning tool.

Crucial bills such as the Forest (Conservation) Amendment Bill, the Biological Diversity (Amendment) Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Inter-Services Organisations (Command, Control and Discipline) Bill have been p...

The FAT was registered in 1972 and is associated with a socio-religious organisation - Jama'at-e-Islami - that was banned in February 2019, after which hundreds of its core members, activists and sympathisers were arrested, detained, summoned and qu...

For those considering a move to the United States, it is important to note that the U.S. imposes Federal and possibly state income & transfer tax obligations on all American citizens and lawful permanent residents (Green Card holders), irrespective ...

While assessing whether to set up a PFWT or not, a person must consider the legal pre-conditions. Only a person above the age of 18 and of sound mind can be an author of a PWFT. A PWFT may also be created by or on behalf of a minor provided prior sa...

The Supreme Court, in its verdict pronounced earlier in the day, backed the construction of a Ram temple by a trust at the disputed site in Ayodhya, and ruled that an alternative five-acre plot be allotted for building a mosque in the Hindu holy tow...

A massive electoral mandate can’t become the reason to extinguish the democratic chatter altogether.

The govt's move invited extreme reactions from the political community across the political parties.

The watchdog revoked the directions against three former directors -- Rajeev Kumar Asopa, Lalit Agarwal and Rajendra Prasad Basia -- of the company in the same case.

The demand was raised by JKPCC president Gulam Ahmed Mir.

Ellison, 74, is the world’s ninth-richest person with a net worth of $51.4 billion on the Bloomberg Billionaires Index.

Bizwoman Ritika Awasty went to see husband in UK but stayed back.

Trusts help HNIs ensure efficient succession planning and may also result in mitigating tax liability.

Matrimony.com, which runs online match making business under 'BharatMatrimony' brand, today filed draft papers with markets regulator Sebi to raise an estimated Rs 600-700 crore through an initial public offer (IPO).

After the Congress government came to power in December 2012, it ordered revocation of the land lease on February 19, 2013 and asked the revenue authorities to take possession of the land within three days.

The "legitimate aspirations" voiced by the people of the state through democratic means have to be respected to address the issues of trust-deficit and alienation, Beg said.

There are the lessons from history being drawn - as India’s old money and new money converge - on how its richie rich manage their assets.