GIFT City
Coverage of GIFT City in the Nexus archive.
- Metro extension, GIFT City among govt.’s top priorities for Ernakulam, says Minister
The state government prioritizes metro extension and GIFT City development in Ernakulam, with Minister Roji M. John emphasizing expediting infrastructure projects to meet district needs.
- Is the 87A rebate loophole for crypto derivatives actually legit or am I missing something? If total income under 12L and gains are from derivatives not spot, technically zero tax right?
The 87A rebate loophole for crypto derivatives may be legitimate, allowing for zero tax liability if total income is under 12L and gains are from derivatives. This applies to speculative transactions under Section 43(5), unlike spot crypto which is taxed at a flat 30% rate. The tax math favors derivatives for those who qualify for the rebate.
- India's GIFT City offers gateway for investors seeking global stocks
India's GIFT City is positioning itself as a gateway for investors looking to access global stock markets, offering opportunities for international investment. The city aims to facilitate cross-border financial activities and attract foreign capital.