Harun Raaj & AssociatesHarun Raaj & Associates
Wealth & TreasuryHRA / WEALTH / FY 2026-27

Wealth Services

Capital Gains, Estate & HNI Tax Planning

HNI tax planning, capital gains optimisation, estate planning, family office advisory, ESOP wealth, and NRI wealth support.

This hub is for founders, HNIs, and families who need tax-efficient wealth decisions with a clean legal trail. It brings together capital gains, succession, and investment planning so the advisory path stays coordinated.

Talk to a CABrowse all services
Focus Areas

What this hub covers

HNI tax planning and capital gains optimisationEstate, will, and succession planningFamily office and family business advisoryESOP, PMS, and AIF wealth planningNRI wealth and repatriation planning
Statutory Anchors
Income-tax Act Sections 54, 54F, 54ECIncome-tax Act Sections 80C, 80CCD, 80DIncome-tax Act Section 10(10D)Income-tax Act Sections 2(14) and 2(42A)SEBI (Investment Advisers) Regulations 2013PMLA 2002
Lifecycle Map

Typical engagement flow

Audit

Map income, holdings, family structures, and cross-border exposure before advising.

Plan

Build the tax, investment, and succession plan around the legal facts and goals.

Implement

Execute documents, transfers, nominations, and investments in the chosen structure.

Review

Revisit the plan annually so tax positions and family goals stay aligned.

Services

Related services in this lifecycle

01

Wealth Advisory Services

Wealth Advisory→

Holistic wealth, tax, and family planning advisory for promoters and HNIs.

02

Wealth Management

Wealth Mgmt→

Portfolio, asset allocation, and tax-aware wealth management support.

03

Wealth Transfer & Estate

Estate→

Asset transfer, estate mapping, and inter-generational planning support.

04

Estate Planning

Estate Planning→

Estate structuring, nomination, and legacy documentation support.

05

Will & Succession Planning

Will→

Will drafting support and succession coordination for family assets.

06

Business Owner Financial Planning

Business Owner→

Owner-level cash flow, liquidity, and succession planning for founders.

07

HNI Tax Planning

HNI Tax→

High-net-worth tax planning across income, investments, and exits.

08

Capital Gains Optimisation

Capital Gains→

Asset holding, timing, and exemption planning for capital gains outcomes.

09

ESOP Wealth Planning

ESOP Wealth→

Exercise, sale, and liquidity planning for employee stock ownership gains.

10

NRI Wealth Advisory

NRI Wealth→

Cross-border wealth, repatriation, and asset location planning for NRIs.

FAQs

Common questions

Is there wealth tax or estate duty in India?

No — both are repealed. The Wealth-tax Act, 1957 stands repealed from AY 2016-17 (Finance Act 2015), and the Estate Duty Act, 1953 was repealed in 1985 for deaths on or after 16 March 1985. There is no wealth tax or inheritance tax at the central level today. Inherited assets are taxed only on eventual sale: under ITA 1961 s.49(1) the previous owner’s cost of acquisition carries over, and s.2(42A) Explanation 1(i)(b) aggregates the holding period.

Is there gift tax or angel tax anymore?

No. The Gift-tax Act, 1958 ceased to apply to gifts made on or after 1 October 1998 (Finance (No. 2) Act 1998); a gift is now taxed under ITA 1961 s.56(2)(x) only where the value received exceeds ₹50,000 without consideration, with exemptions for relatives, marriage, and inheritance. The angel tax under s.56(2)(viib) was omitted by the Finance (No. 2) Act 2024 for share issues on or after 1 April 2024 (AY 2025-26 onwards) — pre-1-April-2024 issues remain open, and s.68 source-of-funds scrutiny still applies.

What is the difference between Section 54 and Section 54F?

Under the Income-tax Act, Section 54 generally applies to residential house capital gains while Section 54F applies when net sale proceeds from a non-house capital asset are invested in a residential house.

How are ESOPs taxed?

Under Section 17(2)(vi) and Section 45 of the Income-tax Act, ESOP taxation can arise at exercise as a perquisite and again at sale as capital gains.

Should succession use a will or a trust?

A will is governed by the Indian Succession Act 1925, while a private trust is governed by the Indian Trusts Act 1882; the better route depends on control, privacy, and transfer needs.

How do NRI repatriation limits work?

Repatriation is governed by the FEMA framework and the account category involved, especially for NRO-linked funds and inherited assets.

What is the benefit of family office planning?

Family office planning coordinates tax, governance, succession, and investment controls so wealth decisions are not made in isolation.

Need the right filing or advisory path?

We can map the facts, confirm the statutory route, and move from draft to execution without the usual back-and-forth.

Talk to a CABack to Services