Summary A rent agreement is a rental contract, usually in written form, between the owner of a property (landlord) and a renter (tenant) who desires temporary possession of the property. The rent agreement document contains details about the parties and the terms and conditions of the tenancy of the property. A rent agreement has no […]
Tag: India
How to tackle dispute resolution through Arbitration?
Summary Arbitration is a process of settling disputes out of court among the disputing parties. It is a preferred mode of dispute settlement for private parties involved in a trade. In India, we have Arbitration and Conciliation Act, 1996, which governs the arbitration proceedings for dispute settlement. The arbitration procedure is less formal and less […]
How an NRI income will be taxed in India – Income tax and Tax matters
IntroductionIt is a fact that the taxes collected plays a dominant role in the growth and development of the Indian economy. All the residents of India pay taxes for their income earned under provisions of the Income Tax Act, 1961. Similarly, The Indian Income Tax Act, 1961 also provides certain conditions for taxation for NRIs […]
Arbitration Dispute Resolution in India
Summary: The arbitrator acts as a trial court judge, which makes things much easier for a party’s settlement. It differs from regular dispute resolution which goes through litigation lawyers and comes in front of a court judge. Arbitration dispute resolution is widely used in the following types of cases; the most popular is family law, […]
Transfer Deed and its relevancy for NRI
Introduction to Transfer DeedAs the title views, this article briefs us about the transfer deed. But why should you read this article? You can answer this question by knowing if you want to transfer any property, movable or immovable, now or in future in India. So, do you want to transfer any property in India? […]
The procedure of set up of appropriate legal entity in India
Want to run a business in India and thinking how to go about it? Which legal entity to be set up and how? There is nothing to worry about as the legal experts and firms provide consultancy services and advice in making the best decision.Legal EntityA legal entity means a setup for running a business. […]
NRIs Alert! Buying property in India? The guidelines
What can be better for an NRI than having a hand in the growth and prosperity of his motherland? Perhaps nothing is better than it. It motivates NRIs to invest in India.NRIs buy property in India as It helps them to stay connected to their roots It is an investment opportunity Investment decisions are generally guided […]
How to cancel Illegal Registration of ancestral property
Registering a property means recording the ownership of the property and other transactions related to it in a public record.Ancestral property is a one in which a person has a share which accrues to him by birth. If a person is entitled to get a share in the ancestral property, he cannot be excluded from […]
Human Rights in India
Human Rights in our country have been a complex issue, which further gets complicated by factors such as the nations’ vast territory and population, there being a lack of proper education among the majority of citizens, poverty and the diverse cultures found here. The Constitution provides for the human rights in form of the Fundamental […]