MUMBAI: Commerce minister Piyush Goyal has urged fintechs to have a look at organising store in Gujarat’s GIFT City due to the tax breaks supplied within the International Financial Services Centre.
Speaking on the Global Fintech Fest right here on Friday, Goyal stated, “The GIFT city offers tremendous opportunity to your sector. Financial tax benefits have been extended up to March 2025.I would urge as many of you who are looking at GIFT City to look much more deeply at the opportunities that it presents to all of you.”
Gujarat International Finance Tec-City is the one IFSC within the nation, which is a type of an export-oriented unit for monetary companies. Both govt and the monetary regulator have been urging fintechs to have a look at cross-border alternatives. Earlier within the day, PM Narendra Modi had stated that the fintech sector may enhance ease of dwelling and supply dignity at a world stage.
Speaking on the Global Fintech Fest right here on Friday, Goyal stated, “The GIFT city offers tremendous opportunity to your sector. Financial tax benefits have been extended up to March 2025.I would urge as many of you who are looking at GIFT City to look much more deeply at the opportunities that it presents to all of you.”
Gujarat International Finance Tec-City is the one IFSC within the nation, which is a type of an export-oriented unit for monetary companies. Both govt and the monetary regulator have been urging fintechs to have a look at cross-border alternatives. Earlier within the day, PM Narendra Modi had stated that the fintech sector may enhance ease of dwelling and supply dignity at a world stage.
