Corporate Law : Learn how GIFT City IFSC operates, the approval process, tax benefits, compliance obligations, and why only approved SEZ units rec...
Finance : Regulated entities in GIFT City must submit their annual cyber security audit reports by 29 June 2026. The framework requires both...
Finance : The draft IFSCA Amendment Bill, 2026 introduces Variable Capital Companies (VCCs), creating a modern fund structure with segregate...
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...
Finance : IFSCA proposes a regulatory framework for direct listing without public offer in IFSCs and invites public comments by August 3, 20...
Finance : IFSCAs updated Registration of Insurance Business Regulations prescribe registration, operations, governance and compliance requir...
Finance : IFSCA invites comments on a draft FCSS circular requiring IBUs to use FCSS, promote real-time USD settlements, and meet customer c...
Finance : IFSCA has proposed a draft circular requiring member IBUs in GIFT IFSC to route inter-bank transactions through FCSS. The proposal...
Finance : IFSCA has released draft regulations for International Branch Campuses and invited public comments until 10 July 2026. The proposa...
Finance : IFSCA has revised its internet banking framework, giving existing IBUs until 31 July 2026 to comply, failing which they cannot onb...
Finance : IFSCA has amended its circular to require financial institutions to remit eligible funds received in SNRR accounts to their IBU ac...
Finance : IFSCA has amended its AML exemption circular to require all financial institutions, including exempt entities, to route business-r...
Finance : IFSCA removed the minimum net worth requirement for eligible SEZ units and expanded access to Qualified Jeweller status. The amend...
Finance : IFSCA clarified that a common brand name by itself is sufficient to establish a Group Entity relationship under the ship leasing f...
IFSCA releases a consultation paper on SPV framework for co-investment and leverage transactions under Fund Management Regulations, 2022. Public comments invited.
Government specifies IFSC units exempt from tax collection under Section 206C(1H) for eligible purchases. Details outlined for buyers and sellers.
No tax deduction required on purchases from IFSC Units under Section 194Q of the Income-tax Act, 1961, with specific conditions for buyers and sellers.
Key changes in IFSCA (Fund Management) Regulations, 2022 include ease of doing business, reduced scheme corpus, revised KMP requirements, and investor safeguards.
Explore key updates to ITFS platform guidelines in IFSCs, including expanded financier eligibility, on-tap registration, and enhanced trade finance services.
IFSCA releases updated guidelines for setting up and operating International Trade Finance Services Platforms (ITFS) in IFSC, effective immediately.
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.
