🚀 GIFT City 2025: The Future of Global Financial Excellence 🌏
📈 Union Budget 2025 Unlocks New Growth Opportunities
💰Tax incentives, world-class infrastructure, and strategic reforms are transforming GIFT City into a premier global financial hub.
Explore why now is the best time to invest!
Budget Story 2025 For Gift City
- Extension of Tax Incentives: The government plans to broaden tax benefits beyond the financial sector to attract a diverse range of businesses to GIFT City. This includes potential direct tax incentives similar to Sections 10A and 10AA, aimed at encouraging investments from Global Capability Centers (GCCs) and other industries.
- Extension of Tax Incentives: The government plans to broaden tax benefits beyond the financial sector to attract a diverse range of businesses to GIFT City. This includes potential direct tax incentives similar to Sections 10A and 10AA, aimed at encouraging investments from Global Capability Centers (GCCs) and other industries.
- Talent Acquisition and Retention: To attract skilled professionals, the government is considering concessions in taxes for individuals taking up employment in GIFT City. This initiative aims to address the current challenge of insufficient manpower willing to relocate to the area.
- Sunset Clause Extension: There's a recommendation to extend the sunset clause beyond March 31, 2025, for the relocation of offshore funds to GIFT City. This move is expected to encourage offshore fund managers to migrate to the International Financial Services Centre (IFSC) within GIFT City.
These initiatives are designed to position GIFT City as a premier destination for global financial services and related industries.
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