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 a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
Finance : IFSCA has consolidated multiple regulations and circulars into a single Master Circular for Stock Exchanges and Clearing Corporati...
Finance : IFSCA has introduced a standardized ACAR and ACAC reporting framework for Capital Market Intermediaries in IFSCs. The circular aim...
Finance : IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vuln...
Finance : The International Financial Services Centres Authority clarified that existing ASPs and TechFin entities continuing operations und...
IFSCA issues updated guidelines for setting up and operating International Trade Finance Service Platform, effective immediately, under the Finance Company Regulations, 2021.
IFSCA issues directions for IBUs on operations of Foreign Currency Accounts for Indian residents under the Liberalised Remittance Scheme (LRS).
India’s ambition to emerge as a global financial hub has given rise to the establishment of International Financial Services Centers (IFSCs), a transformative initiative aimed at facilitating cross-border financial transactions, innovation, and investment. The IFSC Authority (IFSCA) serves as the apex regulatory body overseeing these specialized zones, such as the renowned GIFT City in Gujarat, […]
IFSCA seeks public comments on the draft KYC Registration Agency Regulations 2024 to enhance KYC efficiency in IFSC, addressing regulatory framework and obligations.
IFSCA renews recognition for India International Bullion Exchange as Bullion Exchange and Clearing Corporation until Dec 2025.
The International Financial Services Centres Authority (IFSCA) has issued a circular outlining regulations for complaint redressal by entities operating within the IFSC. This ensures a fair and transparent system to address consumer grievances.
IFSCA launches Informal Guidance Scheme to address legal and regulatory queries for businesses in IFSC from January 2025.
The IFSCA invites feedback on draft regulations for capital market intermediaries in IFSC, aiming for enhanced regulation, investor protection, and market integrity.
IFSCA updates AML guidelines, introducing new countermeasures and compliance functions for regulated entities in IFSC.
IFSCA introduces principles to mitigate greenwashing risks in ESG-labelled debt securities. Ensures transparency, accountability, and investor confidence.