Heirs face uphill task claiming shares, MF units’ ownership without nomination

Heirs face uphill task claiming shares, MF units’ ownership without nomination

Source: Live Mint We are in a phase of economic evolution where social security for oneself and family is achieved and shaped largely by individual financial planning and efforts rather than as a community mechanism, although a small part may be facilitated by government-backed mechanisms like the Employees’ Provident Fund, which does not cover the…

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