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GIFT IFSC BUDGET
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 ...01 Feb, 2024, 02.23 PM IST- Total banking transactions at GIFT IFSC reach USD 508 billion by July 2023Total banking transactions at GIFT International Financial Services Centre (IFSC) here reached USD 508 billion till July 2023, an official ...22 Aug, 2023, 08.07 PM IST
- 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...04 Feb, 2023, 08.41 AM IST
- 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...02 Feb, 2023, 02.30 AM IST
- 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...02 Feb, 2022, 02.12 PM IST
- 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...28 Jan, 2022, 02.06 PM IST
- 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...26 Feb, 2021, 07.24 PM IST
- Centre, Sebi eye rule tweaks to ready budget GIFT for FPIsSebi regulations currently restrict foreign funds looking to shift base to India. To do so, they would have to sell their portfolios and bu...05 Feb, 2021, 07.34 AM IST
- 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...01 Feb, 2021, 10.05 PM IST
- 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...01 Feb, 2020, 04.10 PM IST
- 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...18 Jul, 2019, 08.10 PM IST
- 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.05 Jul, 2019, 09.44 PM IST
- Big tax sops for GIFT City to put bourses on growth path“The Union Budget presented lots of opportunities for IFSC".05 Jul, 2019, 05.13 PM IST
- FM proposes unified regulator for IFSC at GIFT cityThe move, announced during the unveiling of the budget, is expected to provide a fillip to India's first international financial services c...01 Feb, 2018, 01.40 PM IST
- GIFT hails Unified Regulator for IFSC in BudgetGovt of India’s initiative duly supported by all existing regulators would go a long way in establishing GIFT IFSC as a Global Financial Hu...01 Feb, 2018, 01.05 PM IST
- Short-term capital gains tax on GIFT derivatives may goFPIs currently pay 30% shortterm capital gains on derivative trades at the IFSC platforms.16 Jan, 2018, 08.22 AM IST
- BSE to start mock trading for international exchange in OctoberBSE had signed a pact with GIFT SEZ Ltd in January last year to set up BSE International Exchange and BSE Inter national Clearing Corporati...16 Sep, 2016, 08.16 AM IST
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