India-Side Cost Basis
Cost basis for Indian holdings is recorded in rupees and can differ from the figure a US return uses. Cambridge Wealth provides purchase dates, units and rupee cost per lot for your US tax professional.
Holding investments in India while being taxed in the United States means two systems apply to the same asset, each with its own definitions of income, cost and timing. A gain realised in India may be reportable in the US in a different year and under a different treatment. Reporting obligations such as FBAR and FATCA attach to accounts rather than to returns. The difficulty is rarely the rate; it is producing a complete record for both sides. Cambridge Wealth keeps the India-side transaction records and documentation your tax professionals in each country will ask for.
Focused guidance for taxation, tax efficiency, cross-border considerations, and international tax treaty planning.
Cost basis for Indian holdings is recorded in rupees and can differ from the figure a US return uses. Cambridge Wealth provides purchase dates, units and rupee cost per lot for your US tax professional.
The India-US DTAA lets tax paid in India be credited against US tax on the same gain. Cambridge Wealth assembles the TDS certificates and gains statements behind a credit claim.
FBAR reporting draws on the balances of Indian accounts and folios held during the year. Cambridge Wealth provides folio value statements and account details for your US tax professional.
An India-domiciled investment held by a US taxpayer is measured twice: once under Indian rules and once under US rules, and the two rarely line up. Cost basis, holding period and the year a gain is recognised can all differ, and account-level reporting such as FBAR or FATCA runs separately from the return itself. A change of residency part-way through a year complicates it further. The common problem is that the India-side history is assembled late, from statements spread across fund houses, when a US preparer needs it in a particular form. Cambridge Wealth keeps those records organised so both professionals work from the same complete history. Tax opinions remain with your qualified professionals in each country.
See how thoughtful guidance can support more informed tax and wealth decisions.
"The Cambridge Wealth team has been highly helpful in getting my current investments consolidated and restructured in an organized manner. They were one of the few wealth management service companies in Pune that never kept me in the dark about anything - right from Onboarding to active monitoring and rebalancing..."
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Tax support is connected to the wider financial decisions shaping your wealth.
Mihir Jagtap leads taxation strategy and advises on Indian and international regulatory implications.
Tax considerations are viewed alongside portfolios, family wealth goals, succession, and long-term growth.
Structured research helps bring consistency and discipline to complex investment and tax-related decisions.
A clearly stated registered role and no pushy sales keep conversations focused on information rather than product targets.
Experienced specialists bring investment, taxation, compliance, and technology perspectives.
Founder & Chief Investment Officer
Chinmay Kulkarni founded Cambridge Wealth to bring institutional-grade investment thinking to India's affluent and global Indian investors. With 17+ years across private equity, digital banking, and wealth management, he has worked closely with prominent families worldwide on preserving and growing multi-generational wealth. His prior roles at PwC and Barclays shaped a disciplined, research-led approach to portfolio construction. He sets the firm's investment philosophy, balancing capital preservation with long-term wealth creation. Clients turn to him for the depth of expertise typically found at family offices and institutional investment firms.
Investment & Taxation Lead
Mihir leads investment structuring and taxation at Cambridge Wealth, with over 18 years of experience navigating the complexities that come with significant wealth. He works closely with clients to structure portfolios for tax efficiency across jurisdictions, including cross-border considerations for NRIs. His command of Indian tax law and regulatory nuance ensures every investment decision is structured as carefully as it is chosen. He anticipates compliance and structuring issues before they become costly. His work ensures clients retain more of what they earn.
People & Business Lead
Sangeeta leads people and business operations at Cambridge Wealth, bringing over 20 years of experience to how the firm serves its clients. As part of the founding team, she has built a culture grounded in trust, discretion, and long-term relationships. Her behavioral and relationship-driven approach shapes how the firm engages clients at every stage of their wealth journey. She oversees the operational foundation that allows the firm to deliver a consistently high standard of service. Her focus spans talent, process, and the systems that keep the firm running smoothly as it scales.
Investment Services Lead
Aditya Kaushik leads investment services at Cambridge Wealth, with over 8 years of experience building the kind of personal relationships that earn lasting client trust. As part of the founding team, he has shaped a client experience built on candor, accessibility, and long-term partnership rather than one-off transactions. He translates complex investment strategy into decisions clients can act on with confidence. His relationships with clients often span years and multiple life stages of wealth. He serves as the primary link between the firm's research and the families it works with.
Product, Data & AI Lead
CP leads product, data, and AI at Cambridge Wealth, with over 7 years of experience building the digital infrastructure behind a sophisticated wealth management experience. As part of the founding team, he ensures the firm's platforms match the standard clients expect at every touchpoint. His work in data and AI is focused on sharper, faster investment insight without compromising the discretion clients require. He bridges technology and product strategy, making institutional-grade tools intuitive to use. His focus is on building infrastructure that lives up to the wealth it serves.
The purchase date, cost, units redeemed and the account each transaction ran through, on the India side. Your US preparer will need that history in their own format, often for years you have already filed. Cambridge Wealth keeps those records so they can be produced together.
Speak with the Cambridge Wealth team about your cross-border financial circumstances.
Awarded in recognition of long-standing commitment and support extended toward a digital investment platform, reflecting early adoption of transaction infrastructure and consistent platform-based investment activity. Highlights an early and sustained embrace of technology-driven investment channels well ahead of broader industry adoption.
Conferred for outstanding investor mobilization and investor support during a critical fundraising window, reflecting strong on-ground execution, timely investor outreach, and effective campaign coordination. The recognition underscores the ability to convert investor interest into committed subscriptions within a tight, time-bound cycle, while maintaining clarity and compliance in all investor communication.
Awarded for sustained and exceptional contribution across a full financial year, recognizing consistent business generation, proactive client servicing, and a long-term collaborative partnership supporting business growth objectives. Reflects year-round reliability rather than a one-time spike in performance, along with active participation in ongoing investor engagement and servicing initiatives.
Presented in recognition of outstanding contribution to an alternate investment business vertical, highlighting the firm's role in expanding investor access to structured and alternative product categories through informed advisory and relationship management. Signals credibility in guiding sophisticated, higher-ticket investors through more complex product structures.
Granted for invaluable contribution to the successful launch and subscription momentum of a new fund offering, reflecting strong investor engagement and effective onboarding during the offer period. Demonstrates the capacity to drive meaningful subscription volumes and investor participation during a fund's most critical early fundraising phase.
Conferred for an extraordinary accomplishment in helping reach a significant industry-wide Assets Under Management milestone, underscoring scale, consistency, and trust built with the investor base over time. Formally acknowledged by senior leadership, this recognition points to a meaningful, measurable contribution to overall asset growth over a sustained period.
Presented for a valued strategic association built around thematic and cyclical investment advisory, recognizing the resulting investor participation. Reflects the ability to effectively communicate a nuanced investment thesis to investors and translate it into real, sustained participation.
Bring your India-side statements, folio details and account records. Cambridge Wealth can organise the transaction history your tax professionals in India and the US will need.
For immediate assistance, feel free to give us a direct call at +91 92409 25783. You can also send us a quick email at support@cambridgewealth.in.
For immediate assistance, feel free to give us a direct call at +91 92409 25783. You can also send us a quick email at support@cambridgewealth.in.