GIFT City is designed to be India’s first international financial hub, providing regulatory benefits like a streamlined setup process, tax incentives, and access to international markets. Any financial business operating out of GIFT IFSC enjoys several tax benefits with world class infrastructure. The government gives these tax incentives in the form of reduced taxes, simplified […]
Any financial business operating out of Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC) is offered certain tax benefits on fulfilling certain conditions. It means that they can operate in any part of the world effectively. The government gives these tax incentives in form of reduced taxes, simplified compliance requirements and lower withholding […]
The establishment of GIFT IFSC brought significant emphasis on the maritime sector, fostering the growth of various financial services. India, with its vast coastline and extensive global and domestic trade through the sea, has a significant strategic interest in the maritime industry. Nevertheless, many famous shipping companies prefer to operate from countries like Singapore, Dubai […]
Union Budget 2023-24, presented by the Honourable Finance Minister, Ms Nirmala Sitharaman, hopes to build on the foundation laid in the previous Budgets. GIFT City – IFSC (Gujarat International Finance Tec-City – International Financial Services Centre) continues to be a focus area for the Government with key policy announcements being made in this Budget 2023-24 […]
Gujarat International Finance Tec-City (GIFT City) is a planned business district in Gujarat, India. It is the new business destination offering competitive edge to Financial services and Technology related activities. This blog covers GIFT city’s structure, permissible services, and tax benefits. What is GIFT City? GIFT City is a multi-service Special Economic Zone (SEZ) with […]
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