Growing up in India. I heard a lot about the term Karta. When I was young, I wanted to know what is the meaning of Karta. If you are wondering the same thing, read my answer.
Who is Karta?According to the Hindu family system, the term Karta is used to describe the family member who acts as the manager of the joint family. He is in charge of the property or properties owned by the joint family. Often, the senior-most male member of the joint family is the appointed Karta.
What are the responsibilities of Karta?The following points can be included in the list of responsibilities of being a Karta.
- Expenses
The Karta of the joint family handles the expenses of every family member and the family as a whole. All the financial decisions of the family are handled by the Karta.
- Real Estate
The Karta of the family handles all the real estate owned by family members. He keeps track of the properties, buys and sells the aforementioned properties when required.
- Manages
The Karta manages the family business and is involved in all the major decisions related to the business. His main purpose is to create profit for the family. He manages personal familial affairs as well.
4.RepresentsHe represents the family in legal and social matters. His decisions are followed by the rest of his family members.
I hope now you know who is Karta and his responsibilities within the joint family.
Get the perfect house for your joint family. Check out properties for sale on NoBroker. Read more : What is nuclear family and joint family? Who are included in family income How to divide land between family? Can female become karta of HUFYour Feedback Matters! How was this Answer?
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Who is karta?
Abdullah
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2021-12-27T13:03:12+00:00 2021-12-27T17:24:57+00:00Comment
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