A High Net worth Individual (HNI) has unique tax requirements and challenges. They are taxed on their income earned from various sources, including salaries, business income, capital gains, and rental income. The income tax rates in India are progressive, meaning that the more an individual earns, the higher their tax rate will be.

The team at Maheshwari & co. has a thorough understanding of the various taxes that apply, including income tax, wealth tax, and capital gains tax. HNIs are subject to complex and ever-changing tax laws, which can be challenging to navigate. We ensure that HNIs are fully compliant with all applicable tax laws and regulations, including filing their tax returns on time and paying the appropriate amount of taxes.

Our team of experts offers a range of services to meet the unique needs of high net worth individuals, including:

• We help HNIs develop a comprehensive tax plan that takes into account their income from various sources, investments, and other assets. The plan can be tailored to the individual’s specific needs and can help them minimize their tax liability while remaining compliant with tax laws.

• We offer expert estate planning services, including the preparation of wills, trusts, and other estate planning documents. We help protect the assets and ensure that the legacy is passed on to future generations in the most tax-efficient manner possible.

• We offer wealth management services, including the management of investments and other assets, to help you achieve the financial goals.

• HNIs may have income and assets in multiple jurisdictions, which can create complex international tax issues. Our team provides expert advice on international taxation, including the management of foreign assets and compliance with international tax laws and regulations.