All demat accounts need to be tagged by June-end

All demat accounts need to be tagged by June-end | Economic Times

All demat accounts need to be tagged by June-end https://ift.tt/wtHT9M7 stock broker will have to obtain permission from stock exchanges to allow tagging of such demat accounts from August 1 onwards and in turn exchanges need to grant such approval within two working days after imposing penalty as per their internal policy.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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