Resident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...

India’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...

Union Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...

India is poised to emerge as a major player in the global reinsurance landscape. M Nagaraju, Secretary of Financial Services, has encourage...

No tax on ULIPs: If ULIPs and other policies are purchased from GIFT city International Financial Services Centre (IFSC) registered insuran...

Finance Minister Nirmala Sitharaman announced measures to boost investment in India's International Financial Services Centre (IFSC), inclu...

The Union Budget 2025-26 includes tax incentives for GIFT City's IFSC, aiming to attract international investors and businesses. The extens...

IndiaFirst Life has become the first Indian life insurer to start operations in Gujarat International Finance Tec City (GIFT City). The com...

RBI said it has been decided that "authorised persons" may facilitate remittances for all permissible purposes under LRS to IFSCs for avail...

Resident Indians can now open foreign currency accounts (FCAs) at Gift City under the liberalized remittances scheme (LRS) for a wider rang...

Allianz Partners launched IFSC Insurance Office at GIFT City, becoming the first foreign reinsurer. AWP P&C SA aims to transform India's re...

It has been entrusted to regulate businesses like global investment funds, banking, insurance, aircraft leasing, fintech and stock exchange...

The committee is christened as International Financial Services Centres Authority (IFSCA), which focuses on building international retail b...

Opening an office at IFSC would allow global players to cater to the needs of customers outside the jurisdiction of the domestic economy.

The concept of a Unified Financial Regulator is simple but powerful.

Companies would also be allowed to undertake domestic insurance and reinsurance business in line with the provisions of Irdai regulation, i...

IRDAI official told PTI that as there are special provisions for conducting business in SEZ, the regulatory body felt the need for separate...