In recent years, India has seen a significant increase in the number of high-net-worth individuals (HNWIs), with a growth of 4.5% in 2022 and is projected to rise from almost 800,000 in 2022 to 1.65 million by 2027. The financial assets of HNWIs in India are expected...

Flexible fund structures have been around for decades, with the UK’s OEIC and Luxembourg’s SICAV being popular examples of flexibility and cost efficiency. These structures have made these jurisdictions the domicile of choice for thousands of funds over this period....

The Finance (Miscellaneous Provisions) Act 2024 (the “Finance Act 2024”) received the President’s assent on 26 July 2024 to implement the measures announced in the Budget 2024-2025 themed “Tomorrow is ours”. The budget aims to sustain economic growth with focus on...

In recent years, Indian investors have increasingly looked beyond their domestic borders to structure their assets to preserve them for future generations, to leverage market opportunities for business growth, and to diversify their investment portfolios and reduce...