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Personal use of family office money may be discouraged

Personal use of family office money may be discouraged
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income tax return: Personal use of family office money may be discouraged

Popular in western countries, the concept of family office - serving the wealth management needs of a family - was recognised a year ago by the GIFT City regulator International Financial Services Centres Authority (IFSCA) when it came out with the family investment fund (FIF) regulations.

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