Primus In News
Family offices await clarity from RBI before firming up GIFT City plans
19-06-2024
Shravan Shetty, Managing Director, Primus Partners, shares his views on family offices awaiting regulatory clarity before establishing a presence in GIFT City. The family office needs to transfer the corpus to the FIF through a bank, a process that might be seen as moving funds outside India, potentially invoking FEMA laws amidst regulatory uncertainty. Read Now!
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