The tendency to deprive daughters of their rights is seen more especially in the case of property. Many people do not know what rights are given to daughters in the law in the father’s property and under what circumstances they can be deprived of this right.

Daughters rights on father’s property

Many important laws have been made in India to give daughters their rights in property. Earlier there were no clear guidelines in this regard, due to which daughters were not able to get proper rights in property. The Hindu Succession Act, implemented in 1956, was amended in 2005 and daughters were given equal rights as sons in ancestral property.

Under this law, daughters have been given the same rights on their father’s property as sons. Earlier this right was limited to only male heirs, but after the amendment made in 2005, it was extended to daughters as well. This law ensures that daughters also have rights on their father’s ancestral property by birth.

When daughters cannot get rights in father’s property

However, daughters cannot inherit their father’s property under certain circumstances. A common situation is that the father has distributed his property before his death. If the father has given his self-acquired property to a particular heir, then the daughter cannot claim it.

But this condition applies only to self-acquired property. If the property is ancestral, that is, the father has inherited it from his ancestors, then the father cannot give it to any one heir. In such a situation, both the daughter and the son get equal rights.

Property rights of daughters in Indian law

According to the Hindu Succession Act of India, daughters also have equal rights in ancestral property. Similarly, in Muslim Personal Law, daughters and other women of the family have been given property rights.

Earlier, under the Hindu Succession Act, women were given rights only in the ancestral property of their husband and in-laws. But now they can get equal rights in their father’s property as well.

On 9 September 2005, Section 6 of the Hindu Succession Act, 1956 was amended, according to which if the father was alive till 9 September 2005, the daughter can also acquire rights in his property.

Landmark decision of the Supreme Court

On 11 August 2020, the Supreme Court delivered a historic judgment in the case of Vineeta Sharma vs Rakesh Sharma (2020) SC 641. In this judgment, a three-judge bench of the Supreme Court clarified that a daughter gets the right to her father’s ancestral property from birth. In this judgment, it was said that whether the father is alive or not on the date of the 2005 amendment is irrelevant. That is, a daughter is the heir to her father’s property from birth and she can claim this right only from the date of the 2005 amendment.

Even though there may be many misconceptions in the society about the property rights of daughters, Indian law has clarified their rights. After the amendment of 2005 and the decision of the Supreme Court of 2020, daughters cannot be deprived of their rights. It has been ensured that daughters will also get the same rights in their father’s property as sons get. Despite this, due to lack of awareness in the society, many daughters are still deprived of their rights. In such a situation, it is important that they understand their legal rights and take appropriate steps for their rights.

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The post Father’s property Rights: When does a daughter get a share in her father’s property? first appeared on Rightsofemployees.com.

This scheme can make your daughter a millionaire. For this, you have to start investing from birth itself. Under this scheme, parents of girls below the age of 10 years can open accounts in the name of their daughters.

After 18 years, you can withdraw half the amount under this scheme. The entire amount can be withdrawn on completion of 21 years. This scheme will bear the expenses from the education of the daughter till marriage.

How much interest is being received under Sukanya Samriddhi Yojana

Interest is revised every three months under Sukanya Samriddhi Yojana. The government has increased the interest rate for the April-June quarter. Now this annual interest is 8 percent. Earlier, the central government used to give 7.60 percent interest annually under this scheme. That is, for the first quarter of FY 2024, the interest has been increased by 40 bps. Under this scheme, an account can be opened in the post office.

daughter will be millionaire by 21 years

According to the calculation, if a person invests in an account under Sukanya Samriddhi Scheme immediately after the birth of his child, then he will be able to invest for the next 15 years. Apart from this, if a parent does not withdraw 50 percent of the maturity amount after his daughter turns 18, then she will get a maturity amount of 51 lakhs.

In this, Rs 18 lakh will be invested and Rs 33 lakh will be the interest after the maturity period of 21 years. That is, if a parent deposits Rs 10,000 per month in the Sukanya Samriddhi Scheme account immediately after the birth of a daughter, then at the age of 21 the girl will become a millionaire.

The post Sukanya Samriddhi Yojana: Your daughter can become a millionaire at the age of 21 – Know here how? first appeared on Rightsofemployees.com.

But still, in most of the families, parents seem to get lost in worrying about the education, upbringing and marriage of their daughters… For such parents, a scheme of the Central Government has been going on for many years. With the help of which, after saving continuously for a few years, you can give tax free white money of about 70 lakh rupees to your daughter as soon as she turns 21, which can be very useful for her…

The name of this central scheme is Sukanya Samriddhi Account (SSA), under which every Indian can open an SSA account in the post office or bank as soon as his daughter is born, in which after investing continuously for 15 years, 21 years On completion, an amount of more than 69 lakh 80 thousand rupees will be seen deposited in the daughter’s account…

Sukanya Samriddhi Account, that is, under Sukanya Samriddhi Yojana, the same person can open an account, who is the father or guardian of a daughter below the age of 10 years. Like Sukanya Samriddhi Yojana, a maximum of Rs 1,50,000 can be deposited, but the minimum amount that can be deposited in this account every year is only Rs 250.

It is one of the government schemes earning high interest, whose every account holder is paid interest at the rate of 8 percent every year, while the interest received in PPF is paid at the rate of 7.1 percent …

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The government makes some plan for every section of the society. Similarly, now the government has made such a scheme for the girl child, in which your daughter will be given tax amount of more than Rs. 1 lakh in 5 installments.

Although this scheme is very old, but many people do not know about the scheme. Therefore, if you have a daughter here, then you must know about this scheme because very few documents are asked in this scheme. Due to which most people get the benefit of this scheme, so let’s know about this scheme. How can you apply for this scheme? Where do you have to make this application?

When will I get the money?

Under this scheme, the government deposits 6-6 thousand rupees in a fund in the name of the girl child, that is, a total of Rs 30,000 is deposited in the name of the girl child. Then the girl child is given Rs 2,000 for taking admission in class 6T, Rs 4,000 for taking admission in class 9th, Rs 6,000 for taking admission in class 11th and Rs 6,000 for taking admission in class 12th. And when the girl child turns 21, she gets a final payment of Rs 1 lakh. Although now the government has increased the amount in this scheme, then the last installment will also increase.

Apply like this

Any person should contact the Anganwadi workers with all the documents of their girl child. Apart from this, you can apply from the Project Office, Public Service Center or any Internet Cafe. After this your application will go to the project office for approval, where your application can be approved or rejected. After the application is approved, the government will give a certificate of Rs 1 lakh 43 thousand in the name of your girl child. Let us tell you that earlier a certificate of Rs 1 lakh 18 thousand was given, but now the amount has been increased in this scheme.

Who eligible to apply?

The benefit of this scheme is given to those daughters of the state, whose parents are natives of Madhya Pradesh and they do not pay income tax. The name of this scheme is Ladli Laxmi Yojana.

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