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Navigating Global Wealth: How Next-Gen Priorities Are Redefining Cross-Border Family Offices

Your Money: Tax planning can’t stay local for family offices going global

As younger generations drive cross-border investments, family offices must navigate complex tax residencies, structural ownership vehicles, and intergenerational wealth transfers.

Updated: September 25, 2026 23:48 IST

Each retirement benefit is governed by its own exemption provision and limit; gratuity, leave encashment, and provident fund are computed separately under their respective rules, independently of the Rs 5 lakh VRS exemption.

Received severance pay under VRS? Check how much of it is tax-free

The VRS scheme document or offer letter, Form 16 showing how the employer treated the amount, the compensation computation, proof…

August 27, 2026 16:52 IST

The taxpayer had declared a total income of Rs. 4,99,250, comprising income from business or profession, income from other sources, short-term capital gains of Rs. 3,61,100 and long-term capital gains of Rs. 44,082.

IT Department denied 87A rebate on short-term gains; ITAT rules in taxpayer’s favour

The ruling is particularly relevant to taxpayers whose rebate was denied by the Centralised Processing Centre while processing their return…

August 25, 2026 18:28 IST

Florida’s property tax fight: Why a plan to help homeowners could leave renters worried

Florida voters face a decision on Amendment 3, a property tax overhaul that increases homestead exemptions and limits local government…

August 11, 2026 21:22 IST

Interest paid on eligible home loans may also be claimed as a deduction, subject to the provisions of the Income-tax Act.

REITs vs REIT mutual funds vs direct property: Which real estate investment offers better tax treatment?

While factors like rental income, capital appreciation, risk appetite, and tenure often drive the decision, the tax treatment of all…

July 28, 2026 15:05 IST

The choice between the two long-term capital gains tax methods, namely 20% with indexation and 12.5% without indexation, does not alter a taxpayer's eligibility to claim exemptions under Sections 54, 54EC and 54F of the Income-tax Act.

Selling an old property? Indexation benefit isn’t gone for everyone: Check if you’re still eligible

Generally, indexation may be more beneficial where the property has been held for a long period, and its value has…

July 22, 2026 13:03 IST

Markets Push for 2013-Style NRI Deposit Schemes as RBI Prefers Structural Fixes

Banks seek NRI deposit window, tax relief as liquidity tightens

From FDI easing to ECB inflows and a ready Yen swap line, the RBI prefers structural tools over the NRI…

March 23, 2026 01:00 IST

‘TAN’ nightmare is finally over for NRIs – Tax consultant shares India property sale tips

Union Budget 2026 NRI reforms explained: tax expert answers on TAN removal, PAN-based TDS, compliance risks, scrutiny, and impact on…

Updated: March 12, 2026 15:41 IST

ELSS tax saving funds 2026 10 year returns India

ELSS isn’t just about tax saving in 2026—These 5 funds delivered up to 21% compounded return in 10 years

ELSS funds continue to stand out in 2026 not just for tax savings under Section 80C, but for long-term wealth…

February 7, 2026 06:29 IST

Keep house keys or cash out? Tax consultant explains what every NRI needs to know before moving to India

Expert CA advice for NRIs on taxing US rental property and capital gains in India, covering DTAA benefits, Schedule FA…

Updated: March 12, 2026 15:40 IST

No more chasing officers: Union budget 2026 eases compliance for small taxpayers with rule-based automation

Union Budget 2026 offers big relief for small taxpayers with automated nil-TDS certificates and centralized Form 15G/H submission to simplify…

February 1, 2026 12:55 IST

Why India’s Budget Must Prioritize Administrative Clarity for Global Investors

Only policy can build confidence

If Budget focuses on narrowing overly broad definitions, issuing practical circulars, and removing friction points, it can create the tax…

January 31, 2026 05:30 IST

Budget 2026 expectations: Home loan interest deduction may go up to Rs 5 lakh

Old tax regime boost in Budget 2026? Home loan interest rebate up to Rs 5 lakh in focus

With home prices and loan sizes rising sharply, experts say Budget 2026 should raise the home loan interest deduction under…

January 16, 2026 09:12 IST

IRS Details New Tax Breaks on Tips and Overtime

‘No tax on tips and overtime’: IRS breaks down Trump’s ‘One Big Beautiful’ plan for 2026 – What to know

Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on…

January 2, 2026 07:02 IST

Business Drivers Get Bigger Tax Break as IRS Hikes Mileage Rate

IRS confirms new tax breaks for work-related expenses in 2026

The IRS has increased the standard mileage rate for business use to 72.5 cents per mile from January 1, offering…

December 31, 2025 06:39 IST

Tax FAQs: Deduction on Joint Education Loans, ITR Refund Delays, and Capital Gains on Inherited Gold

Your income tax queries answered: Co-borrower in joint study loan must pay EMI to get tax sop

This tax FAQ addresses key investor queries, confirming that both co-borrowers on a joint education loan can claim Section 80E…

November 28, 2025 22:00 IST

IRS update: New tax guidelines for lenders who finance rural and agricultural properties

Learn about the new tax benefit for lenders offering loans secured by rural or agricultural property, allowing a 25% interest…

November 20, 2025 22:53 IST

The Godot of India's Economy: Unlocking Growth by Attracting NRIs. (Image Source: Reuters)

How one simple tax change could unleash a Rs 37,000 crore NRI windfall for India

The article analyses the impact of India’s taxation rules for Non-Resident Indians (NRIs) and how a policy change could attract…

August 23, 2025 17:22 IST

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