Incentives to International Financial Services Centre

Union Budget 2025-26 (Full) + Finance Bill, 2025

B. MEASURES TO PROMOTE INVESTMENT AND EMPLOYMENT

I. Incentives to International Financial Services Centre

International Financial Services Centre (IFSC) is a jurisdiction that provides financial services to non-residents and residents, to the extent permissible under the current regulations, in any currency except Indian Rupee. In order to promote the development of world-class financial infrastructure in India, several tax concessions have been provided to units located in IFSC, under the Act, over the past few years.

In order to further incentivize operations from IFSC, it is proposed to make the following amendments:-

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Union Budget 2025-26 (Full) + Finance Bill, 2025

Dated: 1-2-2025