India is positioning itself as a global financial powerhouse, and at the heart of this ambition lies GIFT City (Gujarat International Finance Tec-City) . Designed as India’s first International Financial Services Centre (IFSC), GIFT City is more than just a smart city—it’s a gateway for investors, NRIs , and institutions to access global markets with world-class infrastructure and tax advantages. ๐ What Is GIFT City? Location: Gandhinagar, Gujarat . Purpose: To create a hub for international financial services, comparable to Singapore, Dubai, and Hong Kong . Regulation: Overseen by the International Financial Services Centres Authority (IFSCA). Offerings: Banking, insurance, capital markets, asset management, fintech , and more—all under one jurisdiction. ⚙️ Key Benefits of GIFT City Tax Advantages: 100% tax exemption for 10 years (within a 15-year block) for units set up in GIFT IFSC. No securities transaction tax (STT), commodity transaction tax (CTT), or stamp duty on t...
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