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India's wealth-management race is splitting into distinct segments
6+ day, 2+ hour ago (1627+ words) wealth managers are increasingly carving up the market based on the size of an investor's portfolio...portfolio management services firm. And carving up the market has increased the competitive intensity of the market, with several players vying for distinct customer......
OPINION | The economic case for preserving India???s joint families
2+ week, 5+ day ago (784+ words) (Sanghnomics is a weekly column that tracks down and demystifies the economic world view of Rashtriya Swayamsevak Sangh (RSS) and organisations inspired by its ideology.) This basic assumption has contributed to a grave economic crisis in the global economy, as…...
Family private trusts are gaining ground, but what does it cost to set up and maintain one?
1+ week, 5+ day ago (1024+ words) India is seeing growing interest in private family trusts, particularly among High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs), promoters and business families. The reasons go beyond wealth protection: succession planning, continuity of family businesses and managing assets…...
When an HUF Karta dies, who becomes the new Karta? Can a daughter take over?
5+ day, 39+ min ago (397+ words) Moneycontrol.com When an HUF Karta dies, who becomes the new Karta? Can a daughter take over? - Bank needs declaration for new Karta, no succession cert. Find the weak links After the death of the Karta of an HUF, who…...