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Govt to facilitate a 'world-class' fintech hub at Gift city


Govt to facilitate a world-class fintech hub at Gift city
​ By
IANS
|
Published on
​ Mon, Feb 1 2021 18:12 IST
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​ 0 Views
Centre proposes tax incentives for foreign funds shifting to GIFT City. Image Source: IANS News
New Delhi, Feb 1 : Union Finance Minister Nirmala Sitharaman on Monday said that the government will facilitate setting up of a world class fintech hub in Gujarat International Finance Tec (Gift) city.
She also announced several tax incentives to the International Financial Services Centre (IFSC) at Gift city while presenting the Budget in Parliament.
These include tax holiday for capital gains from incomes of aircraft leasing companies, tax exemptions for aircraft lease rentals paid to foreign lessors, tax incentive for relocating foreign funds in the IFSC and tax exemption to investment division of foreign banks located in IFSC. ....

New Delhi , Tapan Ray , Budget In Parliament , International Financial Services Centre , Emd Group , Gujarat International Finance Tec Gift , Union Budget , Union Finance Minister Nirmala Sitharaman , Gujarat International Finance Tec , புதியது டெல்ஹி , தபன் ராய் , பட்ஜெட் இல் பாராளுமன்றம் , சர்வதேச நிதி சேவைகள் மையம் , ம்ட் குழு , குஜராத் சர்வதேச நிதி டெக் பரிசு , தொழிற்சங்கம் பட்ஜெட் , குஜராத் சர்வதேச நிதி டெக் ,