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GIFT City units can provide services in 4 more areas | India Business News

India Business News: NEW DELHI: Finance ministry has notified four services book-keeping, accounting, taxation and financial crime compliance which can be provided thr. ....

Big Four , Financial Action Task Force , Business News , Tax Benefits , Gift City Units , Book Keeping ,

IFSC: Govt widens scope of financial services offered at International Financial Services Centre

The Indian government has broadened the range of activities permitted at the International Financial Services Centre (IFSC) by incorporating services such as bookkeeping and accounting. The Ministry of Finance issued a gazette notification, expanding the scope of financial services to include bookkeeping, accounting, taxation, and financial crime compliance. ....

International Financial Services Centre , Financial Action Task Force , Gazette Notification , International Financial Services Centres Authority , Book Keeping , Financial Services ,

nirmala sitharaman: Finance Minister Nirmala Sitharaman unveils GIFT city's financial landscape

At the Vibrant Gujarat Global Summit, Finance Minister Nirmala Sitharaman highlighted the financial ecosystem within Gujarat International Finance Tec-City (GIFT City) and its strategic importance. The city has three exchanges, 26 banks, and 26 aircraft lessors, and is home to 86 fund managers and 8 ship leasing companies. The city has 580 entities and a significant presence of 86 fund managers and eight ship leasing companies. ....

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PFC gets RBI nod to set up wholly-owned finance company in Gujarat

The Reserve Bank of India approved Power Finance Corporation to establish a wholly-owned finance subsidiary at Gujarat s GIFT City s International Financial Services Centre. This move is anticipated to broaden PFC s global reach and business prospects, as per the company s announcement. PFC operates as an infrastructure finance entity under the Ministry of Power. ....

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