Whatsapp
Corporate Treasury Centres in GIFT IFSC: Registration, Permitted Activities and the Deemed-Dividend Question
A group treasury centre helps multinational groups manage funds and lending between affiliates. In GIFT IFSC, a Global or Regional Corporate Treasury Centre (GRCTC) operates under
Transaction Taxes on IFSC Exchanges: STT, CTT and Stamp Duty
Transaction taxes on IFSC exchanges affect trading costs and liquidity because they apply to transactions rather than profits. In India, securities transaction tax (STT), commoditi
GST and the GIFT IFSC Unit: Zero Rating, Exports and the “Authorised Operations” Trap
For indirect tax, a GIFT IFSC unit is not a special species. It is an SEZ unit, and the GST treatment of GIFT IFSC units follows from that classification, read with two questions:
Relocating an Offshore Fund to GIFT IFSC : The Tax-Neutrality Conditions
Moving a fund is not like moving an office. The relocation of offshore funds to GIFT City can involve two potential capital gains tax events: the fund’s transfer of assets to a n
Schedule VI: Which GIFT IFSC Income Is Exempt for Non-Residents, and on What Conditions
Most published summaries of GIFT IFSC tax benefits describe exemptions that belong to investors rather than to the IFSC unit itself. Under the Income-tax Act, 2025, those investor-
GIFT IFSC Tax Implications: Minimum Tax, Dividends and TDS
A GIFT IFSC tax deduction under Section 147 of the Income-tax Act, 2025 does not eliminate every tax liability. Even if an eligible GIFT City IFSC unit claims a 100% deduction, it
Twenty Years, Not Ten: GIFT City Tax Holiday Under Section 147 After the Finance Act, 2026
The phrase “GIFT City tax holiday” conceals three legal questions that decide whether anything is actually exempt: which entity qualifies, which income qualifies, and f
IFSCA Enforcement Powers: Investigation, Penalties, Cancellation and Appeals
When an entity in GIFT IFSC receives a show-cause notice from the International Financial Services Centres Authority (IFSCA), one of the first questions is which statute governs th
Setting Up in GIFT IFSC: The Letter of Approval, IFSCA Registration and the SWIT Process
Setting up in GIFT IFSC requires two distinct approvals: a Letter of Approval to operate as a unit in a Special Economic Zone (SEZ) and the applicable licence, registration, recogn
Inside India, Outside for FEMA: The Legal Status of a GIFT IFSC Unit
A company incorporated in GIFT IFSC is an Indian company. For foreign exchange purposes, however, it is treated as a person resident outside India. It also sits within a Special Ec
