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...
24 Apr, 2026, 06.23 PM IST
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...
20 Apr, 2026, 03.01 PM IST
India plans more incentives for aircraft leasing in GIFT CityIndia plans to extend the tax holiday for aircraft leasing firms in GIFT City to 15 years, aiming to capture a larger share of the global m...
28 Nov, 2025, 12.16 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
Look a GIFT IFSC horse in the mouthTax benefits can be denied on issue of beneficial ownership for ODIs issued abroad. Treaty abuse conditions don't apply to ODIs issued in I...
06 May, 2024, 11.43 PM IST
Govt may review tax sops offered to IFSCThe government may need to reconsider the tax incentives offered to units in the International Financial Services Centre (IFSC) in Gujarat ...
27 Apr, 2024, 11.19 PM IST
Budget 2024: Sitharaman proposes to extend tax exemption to GIFT unitsFinance Minister Nirmala Sitharaman has prolonged tax benefits on income from International Financial Services Centre (IFSC) units, origina...
01 Feb, 2024, 03.35 PM IST
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...
31 Jan, 2024, 12.12 PM 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
FM announces IFSC tax sops to boost startup fundingUnion Budget 2021-22 provides for tax incentives for units under the IFSC at GIFT City, a move that will allow international funds to reloc...
01 Feb, 2021, 08.06 PM IST
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.
06 Jul, 2019, 09.45 AM 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
Pain remains for IFSC, will Budget fix it?Long Term Capital Gains Tax should also be done away with for bonds traded at the IFSC.
31 Jan, 2018, 11.58 AM IST
Budget 2016: Bigger tax breaks are essential to kick-start IFSC operationsThe industry expects the government to announce the tax structure that will bring more clarity for an IFSC in the upcoming Union Budget.
22 Feb, 2016, 12.13 PM IST
- Finance ministry tax vexes Mumbai international financial hub plan
Withdrawal of tax breaks would virtually put paid to the long-pending ambition to develop Mumbai as an international financial hub.
12 Feb, 2008, 12.52 AM IST