India: Wealth & Asset Management

Non-Resident Indians with assets across multiple jurisdictions face complex succession challenges that require careful coordination between different legal systems. How can NRIs effectively navigate the intersection of succession laws, tax regulations, and foreign exchange requirements to ensure their wealth is transferred according to their wishes? This comprehensive analysis examines the critical legal and regulatory considerations that shape cross-border estate planning for Indian nationals living abroad

At a time when more Asian families are building wealth across multiple countries, protecting that wealth has become just as important as growing it. Many successful families today manage businesses, investments, and properties across countries while they plan for future generations living around the world. When assets, businesses, and future generations are spread across different jurisdictions, choosing the right legal structure becomes an important part of long-term wealth planning.

The Supreme Court’s decision in Darubai & Anr. v. Kamalabai & Ors. marks an important reaffirmation of one of the foundational principles governing succession under the Hindu Succession Act, 1956 (“HSA”)...

The Alternative Investment Funds (AIF) industry has witnessed tremendous growth in the last decade on the back of quality active fund managers and investors seeking diversification beyond traditional investment options.

As the assets of individuals and businesses grow, so does the magnitude and complexity of the monetary risk. Tax efficiency for the wealth of individuals and families is a fusion of assets held by the family...

Recent years have witnessed a notable rise in the number of companies struck off the Register by the Registrar of Companies (hereinafter referred to as "the ROC")...

The BE-12 report is a survey conducted by the United States Bureau of Economic Analysis ("BEA"). The survey is conducted every 5 years and is the most comprehensive survey on financial...

The Reserve Bank of India (RBI) by way of a circular issued ‘Guidelines on Default Loss Guarantee (DLG) in digital lending' on 8 June 2023 (DLG Guidelines)...

Indian State Governments offer varied incentives under their respective state industrial development corporation policies to promote the set-up of new manufacturing...