The discussion surrounding introduction of inheritance tax in India has recently been in news. The Modi Government 3.O has denied introduction of inheritance tax. India is at the cusp of long-anticipa...
In the recent years, India has emerged as a leading investment destination across globe. Alternative Investment Funds (“AIFs”) have become an important asset class for both domestic and global investors seeking diversified investment options in India beyond traditional stocks and bonds. As AIFs gain prominence, understanding tax implications and possible fund and investment structures is crucial for fund managers and investors.
In this Info Alert, being first in a series of alert on AIFs, INDUSLAW's Kimmi Garg, and Lokesh Shah, seeks to summarise key tax considerations for each of the three categories of AIFs in India. In the next series of Info Alerts, we will cover tax aspects of carried interest and certain key tax considerations for setting up funds in Gujarat International Finance Tec-City.
