# HNI Tax Planning

> HNI tax planning looks across years and family members: managing surcharge brackets (the new regime caps surcharge at 25%), timing capital gains and loss harvesting, using exemptions under Sections 54/54F/54EC, choosing between direct holdings, mutual funds and structures, and keeping foreign assets compliant. The aim is lower total family tax with full compliance — not aggressive schemes that fail in scrutiny.

Practice: Tax Planning & Business Advisory — https://www.industax.com/services/advisory/

High incomes attract scrutiny through the AIS and data-matching, so documentation and consistency matter as much as savings. Gifts within the family can be tax-free, but clubbing rules apply to spouses and minor children.

We prepare an annual plan with quarterly reviews, aligned with your investment advisers.

## Key facts

| Item | Detail |
| --- | --- |
| Surcharge cap (new regime) | 25% |
| Capital gains | Timing, harvesting and exemptions |
| Family | Gifts tax-free to relatives; clubbing applies |
| Foreign assets | Schedule FA and LRS compliance |

## Who needs this

- Business owners and senior executives
- Families with large investment portfolios
- Returning NRIs with global assets

## What's included

- Annual tax plan
- Quarterly reviews
- Return filing and scrutiny support

## Documents

- Income and investment statements
- Previous returns
- Family structure

## Process

1. **Review** — Income, assets and goals.
2. **Plan** — Multi-year strategy.
3. **Execute** — Implement and file.

## FAQs

### Does the new regime reduce surcharge for HNIs?

Yes. The highest surcharge in the new regime is 25%, compared with 37% in the old regime for income above ₹5 crore.

### Can I gift money to my spouse to save tax?

The gift itself is tax-free, but income from the gifted money is clubbed with yours under Section 64, so it rarely saves tax.

### Is an HUF still useful for HNIs?

Where the HUF has genuine assets — ancestral property, inheritance or gifts from non-members — it is a separate taxpayer with its own slabs.

## Official sources

- incometaxindia.gov.in: https://www.incometaxindia.gov.in/

---
Canonical page: https://www.industax.com/services/advisory/hni-tax-planning
Publisher: Indus Tax — CA-led tax and compliance firm (https://www.industax.com). Contact: info@industax.com, 9059139258.
This is general information, not advice for your specific facts.