Taxation issues concerning HNIs

23-Sep-2015 #Globalwealth Source: Economic Times

While many debate the definition of High Net Worth Individuals (HNIs), in recent times there has been a high level monitoring of transactions done by these individuals by the tax authorities in India and abroad with a view ensure that there is no tax evasion. The Indian government has taken many steps to curb black money and signed different agreements and treaties in this direction.

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