This paper explores the evolution, principles, and application of Equity and Trusts law within the Indian legal framework. It examines the historical roots of these concepts in English common law and their subsequent adaptation to the Indian context through legislation and judicial pronouncements. The paper delves into the core principles of equity, including maxims, doctrines like estoppel, and their interplay with statutory provisions. It further analyzes different types of trusts recognized under Indian law, their creation, administration, and unique features compared to other legal systems. The paper critically evaluates landmark judgments by Indian courts, highlighting their contribution to shaping the understanding and implementation of Equity and Trusts law. Finally, it reflects on the contemporary challenges and future directions for this crucial area of Indian jurisprudence, emphasizing its significance in achieving fairness and social justice.