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This article examines the primary tax issues facing private clients in India, with particular regard to applicable regimes, exemptions and recent developments.
The retirement planning industry is mostly geared toward helping couples, which can make it more difficult for a single person to envisage and plan what retirement would look like for them.
In South Africa, we are privileged not to have to pay inheritance tax on the benefits received from a deceased estate. In many countries such as the United Kingdom citizens must pay an inheritance tax.