The Indian government is promoting the Gujarat International Finance Tec-City, or GIFT City, as a "gateway for global capital and financial services for the economy" and is trying to attract companies through tax-breaks and other incentives.
DSP India TIGER fund, thus far, has given an annualised return of 17.72 percent, which means if someone had invested ₹1 lakh in the scheme at the time of its launch, it would have swelled to ₹24.33 lakh as on Dec 29, 2023.
In the making for over a decade, India’s only international financial centre, GIFT City, now seems to be taking shape with focussed policies and regulatory clarity. There’s growing interest from investors and more confidence on the ground but a few more policy tweaks may be needed
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