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Indian Gas Exchange expects 35% jump in gas trading in FY25

Indian Gas Exchange expects 35% jump in gas trading in FY25
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tax incentives: Govt may review tax sops offered to IFSC

The government may need to reconsider the tax incentives offered to units in the International Financial Services Centre (IFSC) in Gujarat due to the impact of Pillar Two of the Base Erosion Profit Sharing framework, according to a Deloitte report. Pillar Two aims to ensure that large multinational companies pay a minimum effective rate of tax of 15% on profits in all countries. Units in IFSC may not have enough employees and assets to avail of the benefits, so they will need to evaluate the overall tax impact in India after the implementation of Pillar Two rules.

International Arbitration Centre at GIFT IFSC set to improve certainty in resolving disputes

International Arbitration Centre at GIFT IFSC set to improve certainty in resolving disputes : Rashtra News #International #Arbitration #Centre #GIFT #IFSC #set #improve #certainty #resolving #disputes The government is working towards making the investor-state dispute settlement mechanism more robust by implementing a framework including party autonomy, neutrality and legal certainty while setting up the proposed

Nirmala Sitharaman: Centre aims to make India attractive destination for manufacturing, services: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman emphasized the government s focus on policies to make India a manufacturing and investment hub, aiming not only for the domestic market but also for exports. Speaking on Elon Musk s postponed visit, Sitharaman highlighted the government s efforts to attract big companies. She also discussed inflation, employment, and the rule for larger companies to pay MSMEs within 45 days. Gujarat s role in attracting FDI and its readiness for semiconductor manufacturing were also highlighted.

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