India outlines new tax breaks and regulations to turn GIFT City into a global financial hub.

Finance Minister Nirmala Sitharaman outlined new incentives for the International Financial Services Centre (IFSC) at GIFT City in India's 2025-26 budget. These include extended tax concessions until 2030, exemptions on life insurance policies, and simplified regulations for fund managers. The measures aim to attract foreign investment, boost real estate development, and position GIFT City as a global financial hub.

2 months ago
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