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After a series of very interesting and educative Sessions in last few months on Data/Cyber Security , Business Growth, Digital Marketing and so on, TAIT Invited on August 10th CA Shri Mahendra bhai Turakhia, a tax and legal expert as well as a Director of Forbes 100 Company, to enlighten TAIT Members on something that every business person would envy. The subject was Family wealth protection and succession planning. CA Shri Mahendra bhai explained what, how and why of private trusts.
Trade Association of Information Technology (TAIT) is an organisation which leads its members professionally and takes them through the path of growth and facilitates mutual enrichment and advancement. Intangible benefits, which a professional association like TAIT can offer are enormous.
As some of the biggest and best corporate business houses like Tatas and Ambanis have planned wealth protection and succession through private trusts, the same route can be adopted by every small and big business family based on family wealth, business constitution and volume of the same. Private trust is the best route to avoid disputes and legal battle over our will. During the session, it was also discussed as to how to ethically save on inheritance tax, if and when it is introduced in India. Members listened to every bit of it with lot of interest, as every aspect of it was an eye-opener.
Savex Technologies has been the platinum sponsors for TAIT for the year. SAVEX Team made presentation about their strength and presence across India, as well as product portfolio which they offer to IT Channels.
Towards the end, DC Infotech and Communications, made a presentation of their latest state of the art digital business cards called DC Digital Cards at this Event. This very interesting product has unique features of the DC Digital Cards and also has various themes related to different professions.
Devendra Sayani, Director, DC Infotech announced a free Digital Card for the esteemed members of TAIT who were present. He also launched the latest NFC (Near Field Communication) Digital Card which isan innovative technology gadget.
TAIT President, Viren Bavishi thanked learned speaker CA Shri Mahendra bhai Turakhia for sharing his insights and opening an entire new direction of one of the most important aspects such as wealth protection to any entrepreneur.