Whether you are a salaried professional or a businessman, there may come a time when you may take a loan to address your financial requirements.
You may also be interacting with tax authorities for paying your income tax from time to time. As you know, there’s possibility that in case of complication in loan repayment and tax payment, all your assets may be attached by banks or tax authorities.
In such a scenario, the married women’s property act (MWPA), 1874 plays a major role in securing your family’s future.
Using the provisions of MWPA, you can ensure that the money saved for the exclusive use of your wife and children do not get attached.
This amount is free from all creditor liabilities, court attachments and tax attachments
Whether you are a salaried professional or a businessman, there may come a time when you may take a loan to address your financial requirements.
You may also be interacting with tax authorities from time to for praying your income tax. As you know, there’s possibility that in case of complication in loan repayment and tax payment, all your assets may be attached by banks or tax authorities.
In such a scenario, the married women’s property act (MWPA), 1874 plays a major role in securing your family’s future.
Using the provisions of MWPA, you can ensure that the money saved for the exclusive use of your wife and children do not get attached.
This amount is free from all creditor liabilities, court attachments and tax attachments
