High Net Worth Individuals

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

After scrapping this program, the Australian Government will be focusing on issuing more visas to skilled workers instead.

The proposed maiden public offer by state-owned LIC has received interests from more than 25 anchor investors both foreign and domestic

Nirmal Jain has hit the jackpot serving the new rich in the world's fastest-growing major economy.

Tax experts say that some high net worth individuals, who used to buy properties on loan and were able to set off the full interest liability against the lettable value of property and thus bring down their tax liability substantially, would be particularly hit from this new tax rule.

India is home to the fourth largest population of high net worth individuals (HNWI) in the Asia Pacific region, with total wealth of $797 billion, says a report.

Fintech platform LoanTap on Monday said it has secured $3 million in a first strategic round of funding (Series A) from high net worth individuals (HNIs) Abhishek Pandey and Jaysukh Sapra.

Asset base of portfolio managers, who mostly manage investments or provide advisory services to high net worth individuals (HNIs), stood at Rs 9.77 lakh crore in July 2015.

Growth of ultra high net worth individuals (HNIs) in India slowed to under seven per cent to reach 1.46 lakh at the end of 2015-16, according to a report.

The number of millionaires in India is growing strongly and at the end of 2015 around 2,36,000 high net worth individuals were living in the country, with a combined wealth of $1.5 trillion, says a report.

The number of millionaires in India is growing strongly and at the end of 2015, around 2,36,000 high net worth individuals (HNWIs) were living in the country, with a combined wealth of $1.5 trillion (around Rs 100 lakh crore at $1 = Rs 67.15), says a report.

The report said 13 per cent of the global wealth managers feel that India has the biggest area of high net worth individual wealth expansion through 2025, while the same is 27 per cent for China.

Australia seems to be the most preferred destination for the rich across the globe, with Sydney leading the pack with the biggest net inflow of millionaires, as some 4,000 of them shifted base to the city in 2015, according to a report by New World Wealth.

People with an income of more than Rs 50 lakh per annum and having the pleasure of owning a yacht, aircraft or valuable jewellery will now have to disclose these costly assets with the IT department notifying a new set of Income Tax Return (ITR) forms for assessment year 2016-17.

India has seen the fourth biggest outflow of high net worth individuals globally in 2015 with shifting of 4,000 millionaires overseas, says a report.

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

After scrapping this program, the Australian Government will be focusing on issuing more visas to skilled workers instead.

The proposed maiden public offer by state-owned LIC has received interests from more than 25 anchor investors both foreign and domestic

Nirmal Jain has hit the jackpot serving the new rich in the world's fastest-growing major economy.

Tax experts say that some high net worth individuals, who used to buy properties on loan and were able to set off the full interest liability against the lettable value of property and thus bring down their tax liability substantially, would be particularly hit from this new tax rule.

India is home to the fourth largest population of high net worth individuals (HNWI) in the Asia Pacific region, with total wealth of $797 billion, says a report.

Fintech platform LoanTap on Monday said it has secured $3 million in a first strategic round of funding (Series A) from high net worth individuals (HNIs) Abhishek Pandey and Jaysukh Sapra.

Asset base of portfolio managers, who mostly manage investments or provide advisory services to high net worth individuals (HNIs), stood at Rs 9.77 lakh crore in July 2015.

Growth of ultra high net worth individuals (HNIs) in India slowed to under seven per cent to reach 1.46 lakh at the end of 2015-16, according to a report.

The number of millionaires in India is growing strongly and at the end of 2015 around 2,36,000 high net worth individuals were living in the country, with a combined wealth of $1.5 trillion, says a report.

The number of millionaires in India is growing strongly and at the end of 2015, around 2,36,000 high net worth individuals (HNWIs) were living in the country, with a combined wealth of $1.5 trillion (around Rs 100 lakh crore at $1 = Rs 67.15), says a report.

The report said 13 per cent of the global wealth managers feel that India has the biggest area of high net worth individual wealth expansion through 2025, while the same is 27 per cent for China.

Australia seems to be the most preferred destination for the rich across the globe, with Sydney leading the pack with the biggest net inflow of millionaires, as some 4,000 of them shifted base to the city in 2015, according to a report by New World Wealth.

People with an income of more than Rs 50 lakh per annum and having the pleasure of owning a yacht, aircraft or valuable jewellery will now have to disclose these costly assets with the IT department notifying a new set of Income Tax Return (ITR) forms for assessment year 2016-17.

India has seen the fourth biggest outflow of high net worth individuals globally in 2015 with shifting of 4,000 millionaires overseas, says a report.