Piyush Goyal asks fintechs to make GIFT foray – Times of India

Piyush Goyal asks fintechs to make GIFT foray – Times of India



MUMBAI: Commerce minister Piyush Goyal has urged fintechs to take a look at organising store in Gujarat’s GIFT Metropolis due to the tax breaks supplied within the Worldwide Monetary Companies Centre.
Talking on the World Fintech Fest right here on Friday, Goyal stated, “The GIFT metropolis gives great alternative to your sector. Monetary tax advantages have been prolonged as much as March 2025.I’d urge as a lot of you who’re GIFT Metropolis to look rather more deeply on the alternatives that it presents to all of you.”
Gujarat Worldwide Finance Tec-Metropolis is the one IFSC within the nation, which is a type of an export-oriented unit for monetary companies. Each govt and the monetary regulator have been urging fintechs to take a look at cross-border alternatives. Earlier within the day, PM Narendra Modi had stated that the fintech sector might enhance ease of residing and supply dignity at a worldwide stage.







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