WebGIFT city is not a replacement to Mumbai but to Dubai and Mauritius. It is made as a place which is designated as tax free zone for foreigners. So a fund that is listed there can attract foreign money without on shore tax if that fund was in Mumbai. WebSep 9, 2024 · JP Morgan, Punjab National Bank and KPMG are among those that have applied to start operations at Gujarat International Finance Tec-City (GIFT City) in the latest round. The unit approval committee of …
GIFT city emerging India’s first greenfield smart city
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IFSC GIFT City Financial hub, a work in progress - The Hindu
Gujarat International Finance Tec-City (GIFT City) is a central business district under construction in Gandhinagar district in Gujarat, India. It is India's first operational greenfield smart city and international financial services center, which the Government of Gujarat promoted as a greenfield project. In 2024 GIFT IFSC … See more The name "GIFT" is an acronym that stands for "Gujarat International Finance Tec-City".The word "Gujarat" refers to the state where the city is located, which is located in western India. "International" signifies that the … See more Construction timeline Major construction events in GIFT City, Gujarat, India: 2007: See more Gujarat International Finance Tec-City Company Limited The Government of Gujarat formed "Gujarat … See more On 15 December 2011, The Economic Times reported city officials in GIFT were inviting companies from Singapore that wished to expand but could not do so due to a lack of land in Singapore to open their businesses in GIFT. Investments from banks, private … See more The total area for the development of GIFT is 886 acres out of which the SEZ (Special Economic Zone) constitutes 261 acres. The project area … See more • Official website • International Financial Services Center • "Financial Centres Of The World 2024: Focus On GIFT City, Gujarat" on See more WebJul 30, 2024 · GIFT City is a planned business district in the state of Gujarat in India. It is the new business destination offering competitive edge to financial services and … WebSep 18, 2024 · India’s first International Financial Services Centre at GIFT City in Gandhinagar will be connected with metrorail network by the beginning of 2024, officials … male human eye sketch with pen