New Cities India

GIFT City — Decisions

IFSCA Grants Standard Chartered In-Principle Approval to Launch Wealth Management from GIFT CityThe International Financial Services Centres Authority (IFSCA) has given Standard Chartered in-principle approval to distribute capital market products from GIFT City, clearing the…IFSCA to Set Up Independent Arbitration Centre in GIFT CityThe International Financial Services Centres Authority (IFSCA) is working to establish an independent arbitration centre inside GIFT City, with a government official confirming the…CBDT Notifies Amended 'Specified Fund' Definition for GIFT IFSC Effective July 21, 2026On 21 July 2026, the Central Board of Direct Taxes notified the Income-tax (Second Amendment) Rules, 2026, substituting the definition of 'specified fund' in Rule 157 of the Income…IFSCA Circular Grants Capital Relief for Credit-Insured Factoring in GIFT CityThe International Financial Services Centres Authority (IFSCA) has issued a circular allowing eligible finance companies and finance units in GIFT City to hold lower capital agains…GIFT City and IFSCA Launch 'Young Builders' Program' for Fintech InnovatorsOn 21 July 2026, GIFT City announced the Young Builders' Program under the GIFT International FinTech Innovation Hub (GIFT IFIH), run jointly with the International Financial Servi…IFSCA Proposes IDEA Fund Scheme 2026 for Unclaimed Deposits in GIFT IFSCThe International Financial Services Centres Authority (IFSCA) has issued a consultation paper proposing the IFSC Depositor Education and Awareness Fund (IDEA Fund) Scheme, 2026, a…IFSCA Revises Credit Rating Agency Rules for GIFT City IFSCThe International Financial Services Centres Authority (IFSCA) has amended the rulebook governing credit rating agencies operating in the GIFT City International Financial Services…IFSCA Consultation Paper: Expanding Jurisdictions for Fund Distribution via GIFT CityThe International Financial Services Centres Authority has issued a consultation paper proposing to add the European Union (excluding Croatia), the UAE, Singapore and Australia to …IFSCA Public Notice Simplifies Organisational-Change Compliance for GIFT City IFSC UnitsThe Office of the Administrator (IFSCA) has issued a public notice removing the need for IFSC units in GIFT City to separately report certain organisational changes on the SEZ Onli…Anand Rathi Wealth Subsidiary Gets IFSCA In-Principle Approval for GIFT City Fund ManagementOn 16 July 2026, Anand Rathi Wealth Limited disclosed that its wholly owned GIFT City subsidiary, Anand Rathi FME (IFSC) Private Limited, had received an in-principle approval from…IFSCA Proposes Framework for Direct Overseas Listing on GIFT City Exchanges Without IPOThe International Financial Services Centres Authority has floated a consultation paper letting eligible companies list equity shares directly on GIFT City's stock exchanges withou…IFSCA Approves CAMS Subsidiary as KYC Registration Agency in GIFT CityThe International Financial Services Centres Authority (IFSCA) has granted CAMS Investor Services Private Ltd — a wholly owned subsidiary of Computer Age Management Services (CAM…Centre Exempts GIFT City IFSC Units from Coastal Shipping Licence Requirement for Chartering Foreign VesselsThe Ministry of Ports, Shipping and Waterways has exempted eligible International Financial Services Centre (IFSC) units at GIFT City, Gandhinagar, from having to obtain a Director…IFSCA Approves India's First Foreign Family Investment Fund (FFIF) in GIFT CityOn 20 April 2026, the International Financial Services Centres Authority (IFSCA) granted registration to Poornam Asset Management IFSC Pvt Ltd, a UK-linked firm, as GIFT City's fir…Central Government Notifies SEZ Rules 2026: IFSCA Administrator Empowered to Issue Form GA for GIFT City IFSC UnitsThe Central Government amended the Special Economic Zones Rules, 2006 to insert a new sub-rule and a standalone approval form — Form GA — that lets the IFSCA Administrator dire…GIFTCL Invites Global Bids for 754,000 sq ft Commercial Tower in GIFT City SEZOn 13 December 2024, Gujarat International Finance Tec-City Company Ltd (GIFTCL) invited global bids to find a co-developer for a 754,000 sq ft commercial tower in the processing a…

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