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    International Banking and Forex: Topic: Gift City Submitted By: Prashansa Purohit

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    Jagrata
    Gift City is a new financial and IT hub in India designed to be on par with global business districts. It aims to attract financial, technology, and business services companies through world-class infrastructure and tax benefits. Key business segments targeted include offshore banking, capital markets, IT services, and insurance. Companies in Gift City pay no securities or commodities transaction taxes and exchanges operate 22 hours daily. Infrastructure includes a reliable water and power supply as well as 20% lower operating expenses than major Indian cities.

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    International Banking and Forex: Topic: Gift City Submitted By: Prashansa Purohit

    Uploaded by

    Jagrata
    42 views8 pages
    Gift City is a new financial and IT hub in India designed to be on par with global business districts. It aims to attract financial, technology, and business services companies through world-class infrastructure and tax benefits. Key business segments targeted include offshore banking, capital markets, IT services, and insurance. Companies in Gift City pay no securities or commodities transaction taxes and exchanges operate 22 hours daily. Infrastructure includes a reliable water and power supply as well as 20% lower operating expenses than major Indian cities.

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    IBF ASSIGNMENT 1

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    Gift City is a new financial and IT hub in India designed to be on par with global business districts. It aims to attract financial, technology, and business services companies through world-class infrastructure and tax benefits. Key business segments targeted include offshore banking, capital markets, IT services, and insurance. Companies in Gift City pay no securities or commodities transaction taxes and exchanges operate 22 hours daily. Infrastructure includes a reliable water and power supply as well as 20% lower operating expenses than major Indian cities.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    42 views8 pages

    International Banking and Forex: Topic: Gift City Submitted By: Prashansa Purohit

    Uploaded by

    Jagrata
    Gift City is a new financial and IT hub in India designed to be on par with global business districts. It aims to attract financial, technology, and business services companies through world-class infrastructure and tax benefits. Key business segments targeted include offshore banking, capital markets, IT services, and insurance. Companies in Gift City pay no securities or commodities transaction taxes and exchanges operate 22 hours daily. Infrastructure includes a reliable water and power supply as well as 20% lower operating expenses than major Indian cities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    INTERNATIONAL BANKING AND

    FOREX
    TOPIC: GIFT CITY

    SUBMITTED BY:
    PRASHANSA PUROHIT
    INTRODUCTION:
    • GIFT City is an emerging global financial and IT
    services hub, a first of its kind in India, designed to be
    at or above par with globally benchmarked business
    districts.
    • It is supported by state-of-the-art infrastructure
    encompassing all basic urban infrastructure elements
    along with an excellent external connectivity.
    • Companies from Financial Services, Technology and
    all other services sector will be targeted as potential
    occupants within the city.
    TARGET BUSINESS SEGMENTS
    • Offshore Banking
    • Capital Markets
    • IT Services
    • Offshore Asset Management
    • Offshore Insurance
    ADVANTAGES
    • Companies operating in the city pay zero
    securities transaction tax and zero commodity
    transaction tax.
    • To facilitate seamless global operations, all
    exchanges in the city operate for 22 hours a
    day and in a big boost to ease of doing
    business in GIFT.
    • There are other attractions as well. All
    greenfield smart cities are designed to offer
    ease of doing business and low operating
    expenses
    • Operating expenses are also expected to be
    about 20 per cent lower compared to
    metropolitan cities such as Mumbai and Delhi.
    INFRASTRUCTURAL FEATURES
     Water Supply & Sewerage System
     Water Sources: Narmada Main canal, Recycling and Reuse of
    Waste water, Harvesting
     24 x 7 Water Supply
    Power Infra Highlights
     GIFT Power Company Ltd., 100% subsidiaries of
    GIFTCL is Power distribution licensee for GIFT
     Centralised Backup power feed through same
    network.
     State-of-the-art automation setup for Substation,
    Distribution, Lighting and distribution network
    with real time monitoring and control.
    THANK YOU

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