Introduction Public Provident Fund, is an outstanding choice for a secure investment. we can begin with a small initial investment by opening a PPF account at a bank or post office. A minimum of Rs 500 and a maximum of Rs 1.5 lakh can be deposited yearly. The current PPF interest rate is 7.10 %. […]
Introduction ‘Contingent Contract’ means enforceability of that contract directly depends upon an event’s happening or not happening. example:– A contracts to pay B 1,00,000 if B’s house is burnt. This is a contingent contract Section 31 of The Indian Contract Act, 1872 defines the term Contingent Contract “A contract to do or not to do
Introduction A valid contract must contain certain essential elements, such as offer and acceptance, capacity to contract, consideration, and free consent. Quasi contract-But sometimes the law implies a promise imposing obligations on one party and consulting right in favor of the other even when there is no offer, no acceptance, no genuine consent, lawful consideration,
Introduction How does a woman feel if she heard that the 11 men who raped her and were sentenced to life imprisonment in the gang rape case were released from jail? 11 men sentenced to life imprisonment in the Bilkis Bano gangrape case of 2002 were released from the Godhra sub-jail on August 15, 2022,
Introduction Losing a phone, it’s a real risk and can happen to anyone. We all have lost a phone at some point, and it’s essential not to panic at the moment and take proper steps to keep your data secure. In this blog, we are providing you, with essential things to do immediately, if you
Introduction Anger is a powerful emotion. We normally say or do things we regret in the future for saying or doing because of the force of our anger. It is actually important to understand the anger and understand it. Anger could help you understand hidden things about yourself and may act as a warning
Introduction Every person residing in India shall attain the age of majority on the completion of 18 years of age and not before. The age of majority being 18 years, a person less than that age even by a day would be minor for the purpose of contracting. There are some Laws relating to Minor’s
Introduction An Agreement is the result of the proposal made by one party to the other party and that the other party gives his acceptance thereto for mutual consideration. Agreement = Offer + Proposal An agreement to become a valid contract must be bound to a legal obligation which means duly enforceable by law. In
Introduction Union Finance Minister Nirmala Sitharaman at the 47th GST Council meeting in June approved a heap of changes to the taxing scheme. One of the most significant changes was when renting a residential property, GST-registered tenants must pay Goods and Services Tax at the rate of 18%. Yes, you heard right. House rent will
Introduction A lot of laws have been passed over the last few years by the Indian government. people in India getting fined for smoking, littering, or even urinating in public. For that, laws getting applied strongly around India.There are things that you cannot do Publicly in India. There are actions that can get us punished
