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Can my father’s brothers stake claim to his self-acquired property after his death if he dies without a will?

Can my father’s brothers stake claim to his self-acquired property after his death if he dies without a will? [ad_1] Q. Can my father’s two brothers stake claim to his self-acquired property after his death if he passes away without writing a will? — R. Kumar Since siblings do not comprise class I legal heirs, your father’s brothers cannot stake ...

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5 government schemes to help financially secure your domestic helpers

5 government schemes to help financially secure your domestic helpers [ad_1] In India, we have the luxury of employing domestic workers, who provide daily help with cleaning, cooking and driving, etc. Despite an improvement in their financial condition over the years, many continue to live in poverty without any safety nets. You can help them by not only making them ...

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What is the 50-30-20 rule in personal finance

What is the 50-30-20 rule in personal finance [ad_1] 1.This is a thumb rule that can help in the budgeting aspect of personal finance. 2.50% of aftertax income should be used for needs, 30% for wants, and 20% for saving and investing. 3.Needs are mandatory expenses that are required for survival. These include utility bills, rent, EMIs, groceries, insurance premiums, ...

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There are 8 investor personalities. What is your investing personality?

There are 8 investor personalities. What is your investing personality? [ad_1] There are eight different kinds of investor personalities, says ET Money’s India Investor Personality Report 2022. What are the eight unique personas? STRATEGISERS Action takers willing to take calculated risks. EXPLORERS Smart and sometimes over confident investors who take quick decisions. SEEKERS Low key and hungry for knowledge, who ...

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Krishnan Sankarasubramaniam takes over as Tamilnad Mercantile Bank MD & CEO

Tamilnad Mercantile Bank, TMB

Krishnan Sankarasubramaniam takes over as Tamilnad Mercantile Bank MD & CEO Tamilnad Mercantile Bank Ltd on Sunday said veteran banker Krishnan Sankarasubramaniam has taken over as its managing director and Chief Executive Officer with immediate effect. Sankarasubramaniam succeeds K V Rama Moorthy and his term would be for a period of three years, which has been approved ...

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Insurers may pass on commission costs

Insurers may pass on commission costs [ad_1] (This story originally appeared in on Sep 03, 2022) MUMBAI: Former members of the Insurance Regulatory and Development Authority of India (Irdai) fear that the regulator’s proposal to grant flexibility to insurers on commissions might result in them passing on related costs to policyholders. Last week, Irdai proposed to lift the ceiling on ...

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