comparemela.com

Latest Breaking News On - சுரேஷ் சுவாமி - Page 1 : comparemela.com

Sebi permits off market transfers to ease fund relocation to IFSC

SEBI fiat for off-market transfer by FPIs to IFSC - The Hindu BusinessLine

FM woos foreign funds to GIFT City - The Hindu BusinessLine

FM woos foreign funds to GIFT City Offers one-time incentive for shifting their assets lock, stock and barrel Finance Minister (FM) Nirmala Sitharaman made another aggressive pitch to foreign funds investing in India from their bases in tax havens. As a one-time incentive, Sitharaman has offered these offshore funds a ‘complete tax-exemption’ for shifting their assets, lock stock and barrel, to India. These funds can now relocate to the International Financial Services Centre such as the GIFT City in Gujarat and enjoy zero tax on transfer of their assets from other countries. Experts say this is a major boost for foreign funds as GIFT City has zero tax for 10 years.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.