Family businesses in India have spent generations learning to build great companies. Fewer learnt how to run their money. As India’s business families grow richer, family offices (FOs) have quietly become the most powerful seat in the enterprise that almost no one is watching: large pools of capital, deployed at real consequence, answerable to barely
Summary: This article examines the Foreign Contribution (Regulation) Amendment Rules, 2026, which came into force in June 2026. These rules represent a significant recalibration of FCRA, introducing increased compliance obligations for registered organisations. This article analyses the key changes introduced, inter alia: scope-based and State-specific registration requirements that restrict organisations to enumerated purposes and designated
Summary: This blog outlines key changes introduced in Singapore through a revised framework governing Single Family Offices (SFOs). We examine the impact of the newly introduced changes on existing and future SFOs in Singapore.
The role that India’s family businesses (FBs) play in our economy is staggering – more than 70% of India’s GDP comes from FBs and promoter-run companies. These are multi-generational enterprises, with deeply embedded cultures and concentrated governance structures, with often a single power center in a senior patriarch.
Summary: This article explores the transformative role of women as wealth creators in India’s startup and digital era. It highlights the rise of women entrepreneurs across diverse sectors, their unique leadership styles, and the multi-dimensional value they generate. Despite significant progress and increased institutional support, challenges—especially in access to funding—persist. The article emphasises that women
Summary: The Foreign Contribution (Regulation) Amendment Bill 2026 proposes significant amendments to the Foreign Contribution (Regulation) Act, 2010, tightening the regulatory framework for foreign contributions in India. It limits timelines for receipt and utilisation of foreign contribution under the prior permission route, codifying the restrictions that began with government circulars issued in 2025. The Bill
Summary: The Foreign Contribution (Regulation) Amendment Bill 2026 proposes significant changes to the Foreign Contribution (Regulation) Act, 2010, most notably replacing Section 15 with a new Chapter IIIA. This establishes a Designated Authority in which all foreign contribution and assets of an organisation vest upon cancellation, surrender or cessation of its FCRA registration. During provisional
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What challenges arise when an ultra-high net worth family experiences an unexpected death, even with a strong succession plan? This scenario demonstrates how even well-structured succession plans may encounter significant obstacles. This article analyses key considerations for families with complex structures, considerable wealth, and multiple businesses, while suggesting ways to be better equipped for
Summary: Identifying SBOs, especially if the member of a reporting company in India is a pooled investment vehicle of an overseas jurisdiction, continues to be a big challenge. The Indian SBO Rules provide for two different sets of tests for identifying an SBO, basis the PIV’s location. If a PIV is from a FATF compliant
Summary: As per the recent reports, the Ministry of Home Affairs has issued show cause notices to several NGOs registered under the Foreign Contribution (Regulation) Act, 2010, asking why their registrations should not be cancelled in cases where foreign contributions have neither been received nor utilised for three consecutive financial years. While prolonged non-utilisation may,