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IFSC INSURANCE OFFICE
GIFT City showcases India’s scale, growth opportunities to global investors: SitharamanUnion Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...- Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
- GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
- Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
- IFSCA key to India’s global reinsurance hub ambitions: Financial Services SecretaryIndia is poised to emerge as a major player in the global reinsurance landscape. M Nagaraju, Secretary of Financial Services, has encourage...
- Unlimited tax exemption on ULIP returns for non residents if it is bought from this GIFT city insurance intermediary office: Budget 2025No tax on ULIPs: If ULIPs and other policies are purchased from GIFT city International Financial Services Centre (IFSC) registered insuran...
- Budget 2025: Government proposes measures to boost activities in IFSCFinance Minister Nirmala Sitharaman announced measures to boost investment in India's International Financial Services Centre (IFSC), inclu...
- GIFT City’s realty market set for major boost with Union Budget's IFSC incentivesThe Union Budget 2025-26 includes tax incentives for GIFT City's IFSC, aiming to attract international investors and businesses. The extens...
- IndiaFirst Life becomes first Indian life insurer to commence operations in GIFT CityIndiaFirst Life has become the first Indian life insurer to start operations in Gujarat International Finance Tec City (GIFT City). The com...
- Allianz Partners becomes first foreign reinsurer to launch operations in GIFT CityAllianz Partners launched IFSC Insurance Office at GIFT City, becoming the first foreign reinsurer. AWP P&C SA aims to transform India's re...
- PricewaterhouseCoopers' arm PW & Co LLP set-ups office at GIFT CityPW & Co LLP was granted a licence to operate as an ancillary service provider in GIFT City.
- ICICI Lombard gets approval to open international financial services centre unitThe offshore unit will enable ICICI Lombard to harness new opportunities in direct insurance and reinsurance areas by offering offshore dir...
- Govt amends IRDAI rules to permit insurance intermediaries to operate in all SEZsWhere the IRDAI’s Regulation of Insurance Business in Special Economic Zone Rules, 2015, did not mention intermediaries, the authority’s 20...
- Govt eases norms for re-insurers for setting up shop at IFSCOpening an office at IFSC would allow global players to cater to the needs of customers outside the jurisdiction of the domestic economy.
- GIFT International Financial Services CentreGIFT IFSC will be a deemed foreign territory dealing in foreign currency.
- Irdai norms allow insurers to begin offshore business from GIFT IFSCCompanies would also be allowed to undertake domestic insurance and reinsurance business in line with the provisions of Irdai regulation, i...
- Gift City MD Ajay Pandey questions need for another IFSC in MumbaiTwo IFSCs will not be feasible in a country where there is no full capital account convertibility of the currency as it would defeat the pu...
- GIFT city invites realtors for next phase of developmentGIFT City today announced launch of office buildings in SEZ and non-SEZ areas, inviting proposals from both international and national deve...
- Insurers allowed to set up offices in SEZsIRDAI official told PTI that as there are special provisions for conducting business in SEZ, the regulatory body felt the need for separate...
- GIFT gets IFSC status, foreign currency deals now possibleThe move will, for the first time, also enable Indian companies raise funds for overseas acquisition from the banks and financial instituti...
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