Facebook Pixel DOCUMENTATION OF A DEATH | Outlook Money – business – Lesen Sie diese Geschichte auf Magzter.com

Versuchen GOLD - Frei

DOCUMENTATION OF A DEATH

Outlook Money

|

April 2025

In an increasingly digitalised world, the personal IDs and documents of a deceased person face the risk of fraud. We tell you the documents you need to keep an eye on and when to cancel or surrender them

- Versha Jain

DOCUMENTATION OF A DEATH

The loss of a family member is a heavy burden to bear, more so when it happens unexpectedly. While dealing with paperwork may be the last thing on your mind when you are already under emotional stress, it is a necessity these days to avoid risks of identity theft and cyber fraud.

When Bhopal-based Sunil Chawla's father passed away suddenly in 2013, he was mentally unprepared; however, he had the presence of mind to complete the basic paperwork. After receiving the last rites receipt from the crematorium, he presented it to the local authority and obtained his father’s death certificate, which he knew was required for settling insurance claims and closing his accounts. Sunil, who is in his late 50s, also ensured that his chartered accountant cancelled the Permanent Account Number (PAN) of his father after filing the income tax returns (ITR).

In India, when someone dies, the death must be registered with the concerned state or Union Territory in accordance with the rules under the Registrar of Births & Deaths Act, 1969. The registration can be done for free within 21 days of the death.

If the death occurs at home, a family member must report it to the local registrar within 21 days to obtain the death certificate. In case of a delay, the process becomes longer, as permission from the area magistrate or registrar is required, along with a payment of late fee. Generally, deaths are reported within this time frame, and family members receive the death certificate.

imageIf a person dies in a hospital, the doctor in-charge registers the death. If the death occurs in jail, the jail in-charge is responsible for registering it. For someone found dead in a deserted area, it must be registered by the local police station or the village head of that place.

WEITERE GESCHICHTEN VON Outlook Money

Outlook Money

Outlook Money

Full-Service Vs Discount Brokerages Get Your Partner Right

The broking industry is now in a price-war phase, but cost is no longer the key differentiator. The choice will depend on how you plan to use a broking platform

time to read

4 mins

June 2026

Outlook Money

INDIA'S BEST FUNDS

Should You Continue Your SIPS, Diversify Into Global Stocks?

time to read

5 mins

June 2026

Outlook Money

Outlook Money

One Strategy, Every Opportunity : The Fund That goes Wherever the Returns are

A strategy that gives fund full freedom to invest accross market cap so investor doesn't need to predict where the next opportunities lies

time to read

2 mins

June 2026

Outlook Money

Outlook Money

Read The Economy Before You Build Your Portfolio

Tariffs, debt and shaky growth are back, so knowing the cycle tells you what wins

time to read

2 mins

June 2026

Outlook Money

Outlook Money

SIFs Demand A Different Mindset From Investors

SIFs are the new kid on the block. Kundan Kishore, deputy editor, Outlook Money spoke to Kailash Kulkarni, CEO, HSBC Mutual fund, to understand the nuances of these emerging investment strategies. Here are the edited excerpts from the interaction

time to read

3 mins

June 2026

Outlook Money

Outlook Money

7 Mistakes That Set You Back In The Crorepati Race

The difference between those who earn well and those who become wealthy is not necessarily intelligence, access, or even opportunity, it is behavioural errors and incorrect choices. Fixing those can be a sure shot way to achieve the crorepati goal

time to read

8 mins

June 2026

Outlook Money

Outlook Money

NPS Introduces New Payout Schemes. How Does It Work And Should You Go For it?

PFRDA has proposed a Retirement Income Scheme, RIS Steady, under NPS. The scheme allows regular payouts through two withdrawal options. We explain how it works and what you can expect

time to read

5 mins

June 2026

Outlook Money

Outlook Money

What SIFs Change For Anyone Investing Beyond the Top 100

SIFs are a new product class, and this one goes long on winners, short on losers

time to read

2 mins

June 2026

Outlook Money

Outlook Money

The Rising Cost of Fun

The need to indulge in fun activities is real for some individuals. The key is to balance out these wants-turned-needs by budgeting smartly and becoming a conscious spender

time to read

7 mins

June 2026

Outlook Money

Outlook Money

Where the Big Money Goes When Mutual Funds Aren't Enough

PMS, AIFs open doors beyond regular funds for investors who understand the trade-offs

time to read

2 mins

June 2026

Listen

Translate

Share

-
+

Change font size