Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
29 Jun, 2026, 11.22 AM IST
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
24 Jun, 2026, 05.02 PM IST
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...
22 May, 2026, 10.04 PM IST
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...
19 Jan, 2026, 04.55 PM IST
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...
06 Feb, 2025, 02.34 PM IST
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...
01 Feb, 2025, 09.41 PM IST
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...
01 Feb, 2025, 05.57 PM IST
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...
28 Aug, 2024, 09.34 PM IST
RBI's decision on LRS enhances attractiveness of GIFT IFSC: Tapan RayRBI said it has been decided that "authorised persons" may facilitate remittances for all permissible purposes under LRS to IFSCs for avail...
11 Jul, 2024, 04.58 PM IST
Residents can open foreign currency a/cs at GIFT City under LRSResident Indians can now open foreign currency accounts (FCAs) at Gift City under the liberalized remittances scheme (LRS) for a wider rang...
11 Jul, 2024, 07.35 AM IST
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...
04 Apr, 2024, 03.31 PM IST
Give the finabler a friendly pushIt has been entrusted to regulate businesses like global investment funds, banking, insurance, aircraft leasing, fintech and stock exchange...
25 Jul, 2022, 01.17 AM IST
Expert committee makes case for expanding scope of retail insurance business at GIFT cityThe committee is christened as International Financial Services Centres Authority (IFSCA), which focuses on building international retail b...
23 Oct, 2020, 04.33 PM IST
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.
04 Aug, 2019, 03.22 PM IST
Unified regulator for IFSC: A big step forwardThe concept of a Unified Financial Regulator is simple but powerful.
10 Feb, 2018, 11.12 AM IST
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...
27 Dec, 2017, 02.32 PM IST
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...
08 Apr, 2015, 06.41 PM IST