Govt may review tax incentives offered to IFSC
Sun, Apr 28, 2024 10:17 AM

Govt may review tax incentives offered to IFSC

A Flip by Avya Verma
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The government may have to take a relook at the tax incentives being offered to units in the International Financial Services Centre (IFSC), a new financial hub in Gujarat, in view of Pillar Two of the Base Erosion Profit Sharing framework, according to a Deloitte report. MNE groups having operations in the GIFT (Gujarat International Financial Tech) City will need to evaluate the overall tax.

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