The GIFT City in Gujarat is the focus of government efforts to create a financial hub rivalling centres like Dubai and Singapore. In this video, Mint explores what the International Financial Services Centre (IFSC) in GIFT City has for different categories of Indian investors, both resident Indians and NRIs. While the former do not get any tax benefits, the latter enjoy tax exemption on trading in derivatives and lower taxes on Alternative Investment Funds (AIFs)
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What does GIFT City (IFSC) have for Indian investors
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