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GIFT City ne ECBs ka 65% pakda, tax ka naya jadoo!

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Business StandardBusiness Standard
Sher ShayarSher Shayar

GIFT City ne ECBs ka 65% pakda, tax ka naya jadoo!

Arre suno bhai, GIFT City ne ECBs ka 65% pakda, jaise chaat mein teekha masala! Is saal, 27.5 billion dollars ka jadoo, aur 18 billion toh GIFT IFSC se nikal gaya. Global banks aaye, toh GIFT ki chhat par chha gaya! Tax ka chakkar hai, 10 saal ki chutti, toh paisa banane ka naya raasta khula hai, bas chalo bhai, shayari suno: 'GIFT City ki baatein, jaise dhoondte ho chandi, tax ka chakkar chhodo, yahan sab hai zindagi!'

few days ago | Khushboo Tiwari

Quick rundown

1.GIFT City now channels nearly two-thirds of India's ECBs.
2.IBUs in GIFT City lend in foreign currencies to Indian firms.
3.GIFT City offers significant tax and regulatory advantages.
4.Environmental and social bonds are gaining traction in GIFT City.
5.GIFT City's tax holiday extended to 20 years boosts ECB activity.

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Quick rundown

1.GIFT City now channels nearly two-thirds of India's ECBs.
2.IBUs in GIFT City lend in foreign currencies to Indian firms.
3.GIFT City offers significant tax and regulatory advantages.
4.Environmental and social bonds are gaining traction in GIFT City.
5.GIFT City's tax holiday extended to 20 years boosts ECB activity.

Related Articles

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RBI Unleashes Power: Banks Can Now Fund REITs Directly!
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Lenders Challenge RBI to Unleash Cash Flow Power!
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Why India's FDI Needs a Joey-Style Makeover Right Now!
Why India's FDI Needs a Joey-Style Makeover Right Now!
RBI's Big Win: Banks Can Now Lend Directly to REITs!
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