Announcements include, amending powers of IFSC under SEZ act to avoid dual taxation, single window clearance for all approvals, establishment of EXIM Bank subsidiary to promote emerging sectors across the country, , Union Budget 2023-24, GIFT City in Gandhinagar
India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo. In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees of companies such as JPMorgan Chase & Co. and HSBC Holdings Plc who commute in each weekday. Its full name is Gujarat International Finance Tec-City,