Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

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.

FLERE HISTORIER FRA Outlook Money

Outlook Money

Outlook Money

Gold vs Real Estate: What You Should Know

Both gold and real estate have long been preferred investment choices for Indians. They hold sentimental value, too. We compare the two and assess if one or both assets can complete your portfolio

time to read

7 mins

October 2025

Outlook Money

Outlook Money

Strategic Vs Tactical Allocation

Fixed-income investments can be bucketed based on your time horizon. However, you can also tweak the allocation, tactically, in accordance with the market conditions

time to read

4 mins

October 2025

Outlook Money

Outlook Money

Discipline Is Key, Shows This Retiree's Life

Pramod Agrawal, 64, a former banker, is an inspiration for active retirees who do not know what to do with their idle time post retirement. Pramod, who lives with his spouse in Ghaziabad, had the option of staying at home, like most retirees, but chose to use his expertise in new ways. Now, he is a visiting faculty at several institutes.

time to read

4 mins

October 2025

Outlook Money

Outlook Money

Will The E20 Fuel Rollout Make The GST Benefit Ride Bumpy?

The GST rate cut will benefit most car and two-wheeler buyers, but the E20 fuel rule may upset your budget. Calculate well and plan ahead for a smooth ride

time to read

6 mins

October 2025

Outlook Money

Outlook Money

Input Tax Credit In Insurance

Health insurance premiums in India have become more affordable after the government removed the 18 per cent goods and services tax (GST) on them.

time to read

2 mins

October 2025

Outlook Money

Regulatory Roundup

A few regulatory changes in September 2025, and how they will impact you

time to read

4 mins

October 2025

Outlook Money

Frugality: A Smart Money Move

We often equate frugality with penny-pinching behaviour. But it isn't. It is about being smart with money, and spending it on things that give value and satisfaction

time to read

5 mins

October 2025

Outlook Money

Here's How To Make Health Insurance Claims

For many people, health insurance is the safety net that prevents a medical emergency from turning into a financial burden. Yet, policyholders often find themselves confused while filing claims.

time to read

1 mins

October 2025

Outlook Money

Outlook Money

Why Seniors Need To Know Their Legal Rights

Many senior citizens often end up in destitution after being abandoned by their kith and kin, typically after transferring their property. Can taking recourse to laws meant for seniors lend a helping hand?

time to read

5 mins

October 2025

Outlook Money

Advantage Of Low Cost, High Returns

If you want to stay away from the constant game of chasing outperformance or worrying about underperformance, exchange-traded funds (ETFs) can be a smart option. They provide broad market exposure, are cost-efficient, and eliminate the need to time the market. An index ETF allows you to invest in sectors and stocks of the underlying benchmark in the same proportion as the benchmark. If you want to invest in Nifty 50 companies, Nippon India Nifty 50 BeES could be a decent choice.

time to read

1 mins

October 2025

Listen

Translate

Share

-
+

Change font size