Finance : The article explains the educational qualifications, experience requirements, and certifications mandated for Principal Officers o...
Income Tax : Form 148 introduces a compulsory quarterly filing requirement for IFSC units reporting all remittances to non-residents. The key t...
Corporate Law : The bill proposes extensive amendments across corporate laws, including LLPs, audits, and director regulations. It aims to improve...
Finance : The Union Budget 2026 extends tax deductions for IFSC units to 20 years and provides a concessional 15% tax rate post-holiday, str...
Income Tax : The proposed amendment doubles the deduction period for IFSC units. It offers long-term tax certainty to boost global competitiven...
Finance : The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance O...
Finance : The authority observed that except life insurance, other insurance segments under IFSCA regulations align with the statutory defin...
Finance : IFSCA released a consultation paper proposing changes to premium-related regulations after the Insurance Act, 1938 was amended thr...
Finance : IFSCA approved draft Managing General Agents Regulations, 2026 to regulate registration and operations of MGAs in IFSCs. The frame...
Finance : The conference examined how regulatory flexibility and tax incentives are transforming GIFT-IFSC into a global treasury hub. It hi...
Finance : IFSCA clarified that IFSC Banking Units can avail voice broking services from registered TechFin and Ancillary Service Providers. ...
Finance : The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations und...
Finance : The updated IFSCA framework creates a detailed regulatory structure for ship leasing activities in IFSCs, including operating and ...
Finance : IFSCA consolidated the regulatory framework for Broker Dealers and Clearing Members in GIFT IFSC into a single Master Circular. Th...
Finance : IFSCA issued a circular explaining how Investment Advisers in the IFSC can provide implementation services for various financial p...
IFSCA issues public advisory warning IFSC users about online scams via social media, urging vigilance, verification, and reporting of suspicious activity.
FATF’s June 2025 update lists high-risk nations (DPRK, Iran, Myanmar) for countermeasures and identifies jurisdictions under increased monitoring for AML/CFT deficiencies.
The IFSCA has issued new regulations for TechFin and Ancillary Service Providers in International Financial Services Centres, outlining registration, eligibility, and operational guidelines.
International Financial Services Centres Authority (IFSCA)[1] is the unified regulator for the development and regulation of financial products, financial services and financial institutions in International Financial Services Centres (IFSCs) in India. The Government of India established the International Financial Services Centres Authority (IFSCA) on April 27, 2020 as a statutory body under the IFSCA Act, […]
IFSCA’s new circular guides Finance Companies and Units on submitting requests for changes like management, name, or activities, simplifying compliance.
Ministry of Corporate Affairs drafts an amendment to extend Section 186 relaxations to Finance Companies registered with IFSCA, aligning them with NBFCs. Submit comments by July 17, 2025.
IFSCA’s 24th meeting greenlights frameworks for Transition Bonds, Third-Party Fund Management Services, TechFin, and new regulation-making processes. IFSCA also joins IOPS as a Governing Member.
IFSCA amends directions for Foreign Currency Accounts (FCAs) of Indian residents under LRS. New rules require declarations confirming the purpose of funds spent or remitted from FCAs in IFSCs.
A new finance ministry notification grants TDS exemptions for specific payments to International Financial Services Centre (IFSC) units, effective July 1, 2025.
The International Financial Services Centres Authority (IFSCA) has announced a new fee structure for KYC Registration Agencies in the IFSC, including application, registration, and annual fees.
