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...
To boost investment, Budget presents GIFT to VC funds on complianceThe budget proposal exempts Venture Capital funds in GIFT City, Gujarat, from disclosing their fund sources. This aims to ease compliance a...
Budget 2024: GIFT IFSC, IFSCA created robust gateway for overseas capital flow, says FMFinance Minister Nirmala Sitharaman in her interim budget highlighted that the GIFT IFSC (International Financial Services Centre) and the ...
Budget expectations from AIFs, mutual fund industry and IFSC in Gift CityOn 1 February 2024, Finance Minister Nirmala Sitharaman will present her interim budget in India's election year. The focus is on making In...
Govt paves way for IFSC units to issue P-notes to foreign investorsFinance Minister Nirmala Sitharaman in her Budget speech on Wednesday recognised "offshore derivative instruments (ODIs) as valid contracts...
Budget announces host of measures to enhance business in IFSCThe Budget 2023-24 proposes an extension of tax benefits to funds relocating to IFSC, GIFT City till March 31, 2025. "For countries looking...
FM invites US varsities to start operation at IFSC"Recognising the inherent potential of the IFSC, the Budget announcement paved the way for allowing world-class foreign universities to off...
Budget 2022: Government continues its campaign to promote GIFT IFSCBudget 2022 proposals continue to further incentivise business and investments in GIFT, taking it a step closer to becoming a destination t...
Budget should streamline IFSC rules to attract more financial services playersEven though such business income is covered under 100% deduction for the GIFT IFSC units, any payment made to such GIFT IFSC units are subj...
Budget announcement on tax incentives to give traction to IFSC: FM Nirmala SitharamanSitharaman in her 2021-22 Budget speech had said that the government is committed to make the International Financial Services Centre (IFSC...
Tax incentives will attract global players: GIFT City on BudgetThe slew of tax incentives announced for GIFT IFSC in the Union Budget "has once again reaffirmed the government of India's commitment to d...
International bullion exchange to be set up at IFSC in GIFT City: Finance MinisterIFSC has the potential to become a centre of international finance and high end data processing, the minister added. It has 19 insurance en...
Standard Chartered to be first foreign bank to launch ops at GIFT IFSC; may open branch this yearStandard Chartered has received in-principle regulatory approvals to set up its IFSC Banking Unit in Gujarat International Finance Tec-City...
FPIs may book a ticket to GIFT CityThe government has proposed a 10-year tax holiday on 100 per cent of the profit for business units in the IFSC.
Budget 2019: Government proposes tax incentives for GIFT CityExperts said the measures hold significance as the GIFT IFSC alone can provide USD 1 trillion to Indian industry.
Big tax sops for GIFT City to put bourses on growth path“The Union Budget presented lots of opportunities for IFSC".
Unified regulator for IFSC: A big step forwardThe concept of a Unified Financial Regulator is simple but powerful.