The Delhi High Court has recently settled a long-standing ambiguity around the tax treatment of Category III Alternative Investment Funds (AIFs). In its ruling in the Equity Intelligence AIF Trust case (July 29, 2025), the Court held that such funds cannot be classified as “indeterminate trusts” merely because the names of investors are not mentioned in the trust deed, so long as their beneficial interests are otherwise ascertainable.

There’s something about hitting your 30s that makes money feel very real. Maybe it’s the EMI reminders, or the wedding invites piling up, or just the growing sense that “I should probably be doing more with my income.” Whatever it is, this is the decade where your financial decisions start compounding, literally and metaphorically.

And no, it’s not too late. But it’s also not too early to start.

With the US slapping a fresh 25% tariff on Indian exports, ranging from auto components and textiles to electronics and gems, the threat to bilateral trade has returned to the spotlight.

Analysts say the direct hit could affect over $3 billion worth of annual shipments, though the broader impact on India’s GDP is expected to be limited.