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How Much Of A Husband's Money Does A Wife ACTUALLY Inherit & What Happens To Her Assets? | EXPLAINED
If a husband or wife passes away, many would presume that the wealth would go to the other spouse. For example, if a husband passes away, you would think that the wife gets the assets that he's left behind. But in reality, the wife would end up with just 25-33% of the husband's assets. The rest would go to the kids and to his family. But if a woman passes away, her family wouldn't get any of her assets. Here's a full explainer on exactly what happens under inheritance laws in India, and why it's super important to make a will to avoid leaving certain members of your family in the lurch in case of a death. Watch
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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