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RU
Significant advantages of IFSC in India over IFSC in Singapore
['Author Info', 'Name', 'Qualification', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Satish Agarwal', 'August', 'July']
taxguruin
AdvertisementSummary: The content presents an 11-point executive summary comparing the advantages of GIFT IFSC in India with Singapore as an international financial center, particularly for Singapore-based businesses seeking India-linked international financial opportunities.
It concludes that a Singapore + GIFT IFSC + India strategy may provide the relevant strategic structure.
(ii) The Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) in India has been specifically designed to serve the Indian economy while functioning as an international financial platform.
(iv) For a Singapore businessman seeking significant exposure to India, GIFT IFSC can therefore offer a strategically different proposition from simply investing in India through Singapore.
(iii) For a Singapore-based businessman, the real opportunity may therefore lie in developing a Singapore + GIFT IFSC + India strategy, under which each jurisdiction performs the function for which it has the greatest strategic advantage.