Nirmala Sitharaman to lead a team of Secretaries for discussions at GIFT City
NEW DELHI: Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman will lead a team of seven Secretaries from the Ministry of Finance and Ministry of Corporate Affairs to discuss matters of development and growth of India’s maiden International Financial Services Centre (IFSC) at GIFT City, Gandhinagar on 20th November, 2021. The Ministers of State […]
GIFT City allots 10 lakh sq ft to Savvy Infrastructure
NEW DELHI: In a significant development amid the ongoing Covid-19 pandemic, GIFT City – India’s first operational smart city and International Financial Services Centre (IFSC), has allotted 10 lakh Sq. ft build up area (BUA) to Savvy Infrastructure Pvt. Ltd. for development of commercial, residential and social buildings in GIFT SEZ area. Savvy will develop […]
Modi government proposes tax incentives for foreign funds shifting to GIFT City
NEW DELHI: In a bid to attract off-shore funds to set up their base in India, the Narendra Modi government (Centre) has proposed tax incentives or foreign funds who decide to shift their base to International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City (GIFT City). The Taxation and Other Laws (Relaxation and […]
IFSC body in Gujarat will globally discredit Mumbai: Sharad Pawar to Narendra Modi
NEW DELHI: The Centre’s decision to station the International Financial Services Centre (IFSC) Authority at Gandhinagar in Gujarat will not only cause financial damage to the country, but also bring “international discredit” by undermining the importance of Mumbai, Nationalist Congress Party President Sharad Pawar warned here on Sunday. In a letter to Prime Minister Narendra […]
SOBHA launches Gujarat’s tallest residential building in GIFT City
NEW DELHI: Real estate brand SOBHA said that it has has launched SOBHA Dream Heights, the first residential project of Gujarat International Finance Tec-City (GIFT City) – a global Financial and Technology Hub, which is an operational Smart City and International Financial Services Centre (IFSC) offering world class infrastructure. Offering stunning views, this 33-storey building […]