Retiree gets tax notice for leave encashment

Is ₹3 lakh enough for an emergency fund? Experts weigh in

The article examines whether a corpus of ₹3 lakh is sufficient to serve as an emergency fund for an individual or household. It explains that the appropriate amount depends on factors such as monthly expenses, number of dependants, job stability and existing liabilities. Financial guidance commonly suggests holding several months of living costs in readily accessible form, so the adequacy of ₹3 lakh varies from person to person. The piece encourages readers to calculate their own essential monthly outgoings before deciding on a target size for their reserve.

Japan funds US chip revival. What about its own?

CISF nabs man carrying gold paste at Delhi Metro

Court rules brother inherits father's land despite sister's oral gift claim

A dispute arose over ancestral land after a sister claimed she had received the property as an oral gift from their father. The court examined the evidence and found the oral gift claim insufficient to transfer ownership. As a result, the land was awarded to her brother, who is the legitimate heir under the circumstances described. The ruling underscores that property transfers without proper documentation or legally sufficient proof may not be upheld.