News & Media 16th Jun 2023
India is projected to see a net outflow of 6,500 high net-worth individuals (HNIs) in 2023, indicates the latest Henley’s Private Wealth Migration Report. In fact, data from Global Wealth Migration Report, Morgan Stanley suggests that approximately 50,000 HNIs have left the country between 2014-2022.
Business Standard in its latest story, Why are millionaires deserting India? sheds light on this issue, where Yashojit Mitra, Partner, Economic Laws Practice (ELP)’s views have been sought.
Tune into the story here: Click Here
As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.