International Finance Service Centre (IFSC) – In a Nutshell
Author: Taxmann
Publisher: Taxmann Publications Private Limited
Published: 2021-05-13
Total Pages: 10
ISBN-13:
DOWNLOAD EBOOKAn International Financial Services Centre (IFSC) caters to customers outside the jurisdiction of the domestic economy. These centres are ‘international’ in the sense that they deal with the flow of finance and financial products/services across borders which includes banking, insurance, asset management, and most importantly, a well-structured and fully developed capital market for debt, equities, commodities as well as derivatives. The first IFSC in India has been set up at GIFT City, Gandhinagar, Gujarat. Read Now! Drafted by Taxmann’s Editorial Team