Global real estate transparency is tightening compliance for Indian HNIs

India’s high net worth individuals (HNIs) who own properties abroad are exploring ways to comply with the new automatic exchange framework of the Organization for Economic Co-operation and Development (OECD), lawyers and immigration experts said. If accepted, the framework would give Indian tax authorities unprecedented visibility into foreign real estate from 2029, they said.It extends […]

Sitharaman calls for global cooperation on the tax challenges of the digital economy and new financial products

Union Finance Minister Nirmala Sitharaman | Photo credit: @AndhraPradeshCMOX/ANI Photo Finance Minister Nirmala Sitharaman on Tuesday called for joint attention and cooperation on the new challenges arising from the digitalization of the economy, the emergence of new financial products and the evolving structures of beneficial ownership. “There are new challenges that require joint attention. The […]