Private Client & NRI Advisory
HNI Tax Advisory
Tax planning for individuals whose income no longer fits a salary slip — investments, business income, capital events and family assets, arranged so the year's tax is a decision, not a discovery.
At higher incomes the Indian tax questions change character. The surcharge structure, the 15% cap on surcharge for capital gains, the choice between regimes, the tax cost of moving assets between family members, clubbing provisions, and the treatment of a large one-time gain — a property sale, an ESOP exercise, a business exit — matter more than deductions. And large files attract enquiries, so positions must be documented when taken, not reconstructed when asked.
Our HNI tax work runs on a yearly rhythm: a planning conversation before the year closes, advance-tax management through the year, and a return that matches the record. Where a capital event is coming — a sale, an exit, a restructuring of holdings — the tax work starts before the transaction, when the structure can still change the answer.
What this covers
- Regime and surcharge analysis on the client's actual income mix, including the capital-gains surcharge cap
- Capital events: property sales, share and ESOP transactions, business exits — tax settled before signing
- Family holdings: clubbing rules, gifts to relatives, and the record each transfer needs
- Advance tax and interest management across the year (Sections 234B/234C exposure removed by timing)
- Assessment and enquiry handling for high-value files, answered from a documented position file
- Succession-linked tax: transmission, and the tax position of heirs on inherited assets
How the engagement runs
01
Income & asset map
Every income stream and holding is listed with its tax treatment, so nothing is planned in isolation.
02
Year plan
Regime choice, expected gains and advance-tax instalments are set before the year begins, and revisited at each capital event.
03
Event handling
Sales, exercises and transfers are executed with their tax cost computed and documented in advance.
04
Filing & defence
The return is filed on the record built through the year; enquiries are answered from it.
Questions clients ask
Is the new tax regime always better at high incomes?
Often, but not by default: the answer turns on the composition of income — how much is capital gains (where the surcharge is capped), how much is business income, and which deductions and losses the old regime still shelters. We compute both on the client's real numbers each year rather than applying a rule of thumb.
Can I simply gift shares to my spouse or parents to split the tax?
Gifts to relatives are exempt in the recipient's hands, but the clubbing provisions tax income from a gifted asset in the giver's hands in the spouse's case, and parental gifts carry their own conditions and record requirements. Some family allocations work well; they are chosen with the clubbing map open, not on the assumption that a gift moves the tax.
A large property sale is coming this year. When should tax planning start?
Before the agreement. The holding period, the buyer's deduction, exemption windows under Sections 54 and 54EC, and the advance-tax schedule are all fixed by dates the transaction sets. After registration, most of the levers are gone.
Discuss Your Requirements With CorpCFO
Share the matter in confidence. You will hear back from the practice — not a call centre — with a clear view of the options and the next step.