E-PaperCoparcener News
Who is a coparcener?
Both sons and daughters are coparceners in the family and share equal rights and liabilities over the property
1 min read19 May 2020Eldest female coparcener can be karta of a Hindu Undivided Family
Upon the demise of father, the eldest male member would be presumed to be the karta
1 min read12 May 2020A Hindu widow cannot be the karta of her late husband’s Hindu Undivided Family
A Hindu widow is a member of her husband's HUF, she is not a coparcener. As only a coparcener can become a karta, she cannot be the karta of her husband's HUF
2 min read16 Jan 2018In Hindu Succession Act, daughters can be coparceners
Prior to the 2005 amendment in the Act, only male members descended from a common ancestor could be coparceners
3 min read5 Sep 2016DYK: Women can be the karta of an HUF
Here is a look at what an HUF is, who is a karta and who are the coparceners of an HUF
2 min read5 Feb 2016Hindu Undivided Family: easy to make, but difficult to break
If not chosen with care, complications outweigh the tax benefits that a Hindu Undivided Family gets
6 min read28 May 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared