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NRI Inherited Shares and Mutual Funds Claim Process in India

Steps NRIs Must Follow to Claim Inherited Investments The NRI inherited shares, and the mutual fund claim process can be delayed by missing nominations, incomplete KYC or document mismatches. NRIs should identify every investment, verify the nominee, and prepare properly authenticated documents before approaching the relevant institution. NRI Inherited Shares and Mutual Funds: How to Claim in India

NRI News

31 Jul 2026 10:33 AM

NRI Inherited Shares and Mutual Funds Claim Process in India

Steps NRIs Must Follow to Claim Inherited Investments The NRI inherited shares, and the mutual fund claim process can be delayed by missing nominations, incomplete KYC or document mismatches. NRIs should identify every investment, verify the nominee, and prepare properly authenticated documents before approaching the relevant institution. NRI Inherited Shares and Mutual Funds: How to Claim in India

NRI News

Gift Deed vs Inheritance for Property Transfer in India

Gift Deed vs Inheritance: Which Saves More Tax? Gift deed and inheritance can both transfer family property, but their timing, cost, and control differ. This guide explains the 2026 income-tax rules, state-level stamp duty, registration requirements, documentation risks, and capital-gains impact before a family chooses either route. Gift Deed vs Inheritance in India: Which Saves More Tax?

Finance & Economics

27 Jul 2026 18:49 PM

Gift Deed vs Inheritance for Property Transfer in India

Gift Deed vs Inheritance: Which Saves More Tax? Gift deed and inheritance can both transfer family property, but their timing, cost, and control differ. This guide explains the 2026 income-tax rules, state-level stamp duty, registration requirements, documentation risks, and capital-gains impact before a family chooses either route. Gift Deed vs Inheritance in India: Which Saves More Tax?

Finance & Economics

Daughters Have Equal Right To Inheritance Under Hindu Law

Supreme Court Reaffirms Equal Rights The Supreme Court has reaffirmed that daughters have equal right to inheritance under Hindu law. The ruling makes it clear that a daughter is a legal heir to her father’s share in property and cannot be denied her claim because of gender. This strengthens the principle of equality in family property matters and reminds families that sons and daughters must be treated e

Legal Matters

25 May 2026 10:32 AM

Daughters Have Equal Right To Inheritance Under Hindu Law

Supreme Court Reaffirms Equal Rights The Supreme Court has reaffirmed that daughters have equal right to inheritance under Hindu law. The ruling makes it clear that a daughter is a legal heir to her father’s share in property and cannot be denied her claim because of gender. This strengthens the principle of equality in family property matters and reminds families that sons and daughters must be treated e

Legal Matters

Gifting Property to Son: Legal Experts Explain Limits of Mutation Rules

Gifting property to a son is a widely followed practice in India, often used to simplify succession and reduce the chances of future disputes. This transfer is typically carried out through a registered gift deed under the Transfer of Property Act, 1882. The law requires that the gift be made voluntarily, without consideration, and accepted by the recipient during the lifetime of the donor. Registration of the gift deed is mandatory to make the transfer legally valid. To register, stamp duty and registration charges must be paid, which vary by state. In many states, concessional stamp duty is offered when property is gifted to close family members, such as sons or daughters. Legal experts advise verifying state-specific rules before executing the deed, as non-compliance can lead to complications or even rejection of the document. A key area of confusion is mutation. Mutation is the process of updating property records in local municipal or revenue offices after ownership changes. While it is important for tax purposes and maintaining accurate land records, mutation does not establish legal ownership. Courts, including the Supreme Court of India, have consistently held that ownership is determined by valid legal documents like a registered gift deed, not by mutation entries. Another important aspect is the nature of the property being gifted. If the property is self-acquired, the owner has full rights to gift it to anyone, including a son. However, in the case of ancestral property, the rights of other legal heirs must be considered. A person cannot unilaterally gift ancestral property if it affects the share of other coparceners under Hindu law. Experts also point out that once a gift deed is executed and registered, it is generally irrevocable. Revocation is possible only if specific conditions are clearly mentioned in the deed and agreed upon by both parties. This makes it crucial for individuals to carefully draft the document, preferably with legal assistance, to avoid unintended consequences later. Tax implications should also be kept in mind. Under the Income Tax Act, 1961, gifts received from specified relatives, including parents, are exempt from income tax. However, future income generated from the property, such as rent, will be taxable in the hands of the recipient.

Legal Matters

24 Apr 2026 10:52 AM

Gifting Property to Son: Legal Experts Explain Limits of Mutation Rules

Gifting property to a son is a widely followed practice in India, often used to simplify succession and reduce the chances of future disputes. This transfer is typically carried out through a registered gift deed under the Transfer of Property Act, 1882. The law requires that the gift be made voluntarily, without consideration, and accepted by the recipient during the lifetime of the donor. Registration of the gift deed is mandatory to make the transfer legally valid. To register, stamp duty and registration charges must be paid, which vary by state. In many states, concessional stamp duty is offered when property is gifted to close family members, such as sons or daughters. Legal experts advise verifying state-specific rules before executing the deed, as non-compliance can lead to complications or even rejection of the document. A key area of confusion is mutation. Mutation is the process of updating property records in local municipal or revenue offices after ownership changes. While it is important for tax purposes and maintaining accurate land records, mutation does not establish legal ownership. Courts, including the Supreme Court of India, have consistently held that ownership is determined by valid legal documents like a registered gift deed, not by mutation entries. Another important aspect is the nature of the property being gifted. If the property is self-acquired, the owner has full rights to gift it to anyone, including a son. However, in the case of ancestral property, the rights of other legal heirs must be considered. A person cannot unilaterally gift ancestral property if it affects the share of other coparceners under Hindu law. Experts also point out that once a gift deed is executed and registered, it is generally irrevocable. Revocation is possible only if specific conditions are clearly mentioned in the deed and agreed upon by both parties. This makes it crucial for individuals to carefully draft the document, preferably with legal assistance, to avoid unintended consequences later. Tax implications should also be kept in mind. Under the Income Tax Act, 1961, gifts received from specified relatives, including parents, are exempt from income tax. However, future income generated from the property, such as rent, will be taxable in the hands of the recipient.

Legal Matters

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#inheritance

NRI Inherited Shares and Mutual Funds Claim Process in India

NRI Inherited Shares and Mutual Funds Claim Process in India

Gift Deed vs Inheritance for Property Transfer in India

Gift Deed vs Inheritance for Property Transfer in India

Daughters Have Equal Right To Inheritance Under Hindu Law

Daughters Have Equal Right To Inheritance Under Hindu Law

Gifting Property to Son: Legal Experts Explain Limits of Mutation Rules

Gifting Property to Son: Legal Experts Explain Limits of Mutation Rules

TVK Claims Majority Support, Vijay Likely to Stake Claim Today

Uber CEO Takes Delhi Metro During India Visit, Internet Reacts To Viral Commute

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Bigg Boss Telugu 9 Winner Kalyan Padala Makes History

Mira Road Bakri Eid Goat Row: Police Deployed After Society Dispute

Maharashtra Targets AI Leadership With ₹10,000 Cr Investment Plan

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TVK Claims Majority Support, Vijay Likely to Stake Claim Today

Uber CEO Takes Delhi Metro During India Visit, Internet Reacts To Viral Commute

CBI Arrests Raj Kumar Singh In Chandranath Rath Murder Case

Budget-Friendly DIY Home Improvement Projects

Moshi Building Collapse: 15 Feared Trapped At PCMC Waste Plant Site

Pakistan’s T20 World Cup Hopes Still Alive After England Loss — Here’s What They Need.

Nikki Haley Claims China Link to Missile Chemicals Found on Iranian Ship

Bigg Boss Telugu 9 Winner Kalyan Padala Makes History

Mira Road Bakri Eid Goat Row: Police Deployed After Society Dispute

Maharashtra Targets AI Leadership With ₹10,000 Cr Investment Plan

#inheritance

NRI Inherited Shares and Mutual Funds Claim Process in India

NRI Inherited Shares and Mutual Funds Claim Process in India

Gift Deed vs Inheritance for Property Transfer in India

Gift Deed vs Inheritance for Property Transfer in India

Daughters Have Equal Right To Inheritance Under Hindu Law

Daughters Have Equal Right To Inheritance Under Hindu Law

Gifting Property to Son: Legal Experts Explain Limits of Mutation Rules

Gifting Property to Son: Legal Experts Explain Limits of Mutation Rules

TVK Claims Majority Support, Vijay Likely to Stake Claim Today

Uber CEO Takes Delhi Metro During India Visit, Internet Reacts To Viral Commute

CBI Arrests Raj Kumar Singh In Chandranath Rath Murder Case

Budget-Friendly DIY Home Improvement Projects

Moshi Building Collapse: 15 Feared Trapped At PCMC Waste Plant Site

Pakistan’s T20 World Cup Hopes Still Alive After England Loss — Here’s What They Need.

Nikki Haley Claims China Link to Missile Chemicals Found on Iranian Ship

Bigg Boss Telugu 9 Winner Kalyan Padala Makes History

Mira Road Bakri Eid Goat Row: Police Deployed After Society Dispute

Maharashtra Targets AI Leadership With ₹10,000 Cr Investment Plan

Popular Locations