Finance and Accounting Advisory Service

  India's ambition to become a global financial powerhouse has a physical address and it's not Mumbai or Delhi. It's GIFT City, Gandhinagar, home to India's first and only International Financial Services Centre (IFSC). If you've been hearing this term across business news, government policy papers, or from your CA, this guide breaks down exactly what the International Financial Services Centre in India is, why it exists, who can use it, and how a business or investor can actually get in. What Is an International Financial Services Centre (IFSC)? An International Financial Services Centre is a designated jurisdiction within a country that allows financial institutions and global investors to conduct cross-border financial transactions banking, capital markets, insurance, asset management, fintech, and aircraft/ship leasing largely free from the domestic regulatory and tax friction that would normally apply outside such a zone. In simple terms, an IFSC is built...