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TAIT organised session on Succession Planning and Wealth Protection

 

Trade Association of Information Technology, popularly known as TAIT is an organization which leads its members Professionally and take them through the path of growth and facilitates mutual enrichment and advancement. Intangible benefits, which a professional association like TAIT can offer are enormous.

After series of very interesting and educative Sessions in last few months on Data/Cyber Security , Business Growth , Digital Marketing and so on, on August 10 th , TAIT Invited CA Shri Mahendra bhai Turakhia, a genius & high profile 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. Subject was Family wealth protection and succession planning. CA Shri Mahendra bhai , explained what, how and why of Private Trusts.

As some of the biggest and best corporate business houses like Tatas and Ambanis have planned 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 trusts are best route to avoid disputes and legal battle over our will. The same can avoid situation arisen in case of Shri Vijay Singhania. During the session it was also discussed about how to ethically save on inheritance tax, if and when the same is introduced in India. Members
listened every bit of it with lot of interest as every aspect of it was an eye-opener.

Savex Technologies has been 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 Ltd, 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.

Mr. Devendra Sayani – The Director of DC Infotech

Mr. Devendra Sayani – The Director of 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 Cards which has been the innovative Technology Gadget.

Mr.Viren Bavishi

TAIT President Mr.Viren Bavishi thanked Learned Speaker CA Shri Mahendra bhai Turakhia for sharing his insights and opening an entire new direction for one of the most important aspect of any entrepreneur.

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