Inside GIFT City: Exploring the Insurance Office Landscape

International Financial Service Centres (IFSC) was established to act as the global hub for financial activities. The regulation for operating insurance and re-insurance businesses was introduced in 2021, and this regulation facilitated insurance and reinsurance businesses to operate through IFSC, and the International Financial Services Centres Authority (IFSCA) was created as the regulator. IFSC Insurance […]

Direct and Indirect Tax Exemptions at GIFT for Indian Companies

Any financial business operating out of Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC) is offered certain tax benefits on fulfilling certain conditions. It means that they can operate in any part of the world effectively. The government gives these tax incentives in form of reduced taxes, simplified compliance requirements and lower withholding […]

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