Victoriam Legalis - Advocates & Solicitors

31/07/2024

Our Managing Partner, Mr. Aditya Chopra shares his insights with Varsity By Zerodha® in an article titled, "What is the difference between a Will and a Trust?"

Read more at :- https://zerodha.com/z-connect/varsity/when-should-i-choose-a-will-vs-trust

Deciding between a will and a trust depends on your estate's complexity, control preferences, and asset distribution goals. For instance, if Mr. Kumar has

24/07/2024

Our Managing Partner, Mr. Aditya Chopra and Senior Associate, Mr. Amay Jain share their insights with LiveMint in an article titled, "Decoding springing vs current powers of attorney:Key factors."

24/07/2024

Our Founding Partner, Kritika Seth shares her comments with exchange4media in an article titled, "A progressive Budget that will boost marketing & advertising."

Read more at : https://www.exchange4media.com/budget-2024-news/a-progressive-budget-that-will-boast-marketing-advertising-135885.html

While industry experts express disappointment over the government giving the M&E sector a miss, they say several other initiatives that have been announced would spur ad revenue

20/07/2024

We’re delighted to have acted as the legal advisors for Himshrri films on this incredible project in the making of “Life Hill Gayi" which was released on Disney+ Hotstar.

Our Managing Partner, Mr. Aditya Chopra; Founding Partner, Ms. Kritika Seth and Associate, Ms. Ananya Gupta were the legal advisors.

27/06/2024

New tax rules in India can make liquid funds with higher returns beat fixed deposits despite higher tax rates, consider your situation before investing.

Our Senior Associate, Amay Jain shares his comments with Business Standard in an article titled, "Liquid Funds Vs FD: Which is a better option from taxation perspective?"

Read more at :- https://www.business-standard.com/amp/finance/personal-finance/liquid-funds-vs-fd-which-is-a-better-option-from-taxation-perspective-124062700148_1.html

New tax rules in India can make liquid funds with higher returns beat fixed deposits despite higher tax rates, consider your situation before investing.

25/06/2024

One should consider clearly defining asset distribution in a will and nominate reliable individuals to manage the assets temporarily, ensuring compliance with legal requirements.

Our Managing Partner, Mr. Aditya Chopra and Senior Associate, Mr. Amay Jain share their insights with LiveMint in an article titled, "Succession vs nomination: Key insights into effective estate planning."

Read more at :- https://www.livemint.com/money/personal-finance/succession-vs-nomination-key-insights-into-effective-estate-planning-11719293300986.html

One should consider clearly defining asset distribution in a will and nominate reliable individuals to manage the assets temporarily, ensuring compliance with legal requirements.

25/06/2024

When filing a tax return, the advice is simple: File your returns even if your income is below the taxable threshold. Such a return is called a nil Income-Tax Return (ITR).

Our Managing Partner, Aditya Chopra shares his comments with Business Standard in an article titled, "Wish to carry forward losses, get TDS refund? File nil Income-Tax Return."

Read more at :- https://www.business-standard.com/finance/personal-finance/wish-to-carry-forward-losses-get-tds-refund-file-nil-income-tax-return-124062500969_1.html

According to the Income-Tax (I-T) Act, it is not mandatory for individuals earning less than the basic exemption limit to file an ITR.

14/06/2024

Our Managing Partner, Mr. Aditya Chopra shares his insights with Varsity By Zerodha® in an article titled, "Receiving money from your NRI relative? How to use it and its taxation."

Read more at :- https://zerodha.com/z-connect/varsity/receiving-money-from-your-nri-relative-how-to-use-it-and-its-taxation

India is one of the top countries with the largest diaspora residing in nations like the UAE, the US, and Saudi Arabia. We all have that one friend or a