TMI BlogTax incentives for International Financial Services centreX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax incentives for International Financial Services centre - Budget Dated:- 1-2-2018 - News - Tax incentives for International Financial Services centre Transfer of derivatives and certain sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urities by non-residents exempted from capital gains tax Non-corporate taxpayers operating in IFSC to be charged alternate minimum tax at concessional rate of 9% at par with minimum alternate tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... applicable for Corporates In order to promote trade in stock exchanges located in International Financial Services Centre (IFSC), the Union Finance and Corporate Affairs Minister Shri Arun Jaitl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ey proposed to provide two more concessions for IFSC. Presenting the General Budget 2018-19 in Parliament here today, Shri Jaitley proposed to exempt transfer of derivatives and certain securities by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... non-residents from capital gains tax. Further, the Finance Minister added that non-corporate taxpayers operating in IFSC shall be charged Alternate Minimum Tax (AMT) at concessional rate of 9% at par ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with Minimum Alternate Tax (MAT) applicable for corporates. The Government had endeavoured to develop a world class international financial services centre in India. In recent years, various measu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... res including tax incentives have been provided in order to fulfil this objective. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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