Legal
In their effort to escape tax net, Indian business promoters are leaving no stone unturned
A well-known New Delhi-based business family, whose two sons are non-resident Indians, feared that their wealth could be taxed not just in India, but also in the US. The fear has led them to restructure their family trust so that it attracts minimal tax. The family trust, which until now…
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Click here to read the full story: The Economic Times