![GIFT City Tax Sops Attract FPIs Away from Mauritius, Singapore GIFT City](https://markettechguru.com/wp-content/uploads/2024/05/big-city-600x400.jpg)
GIFT City Tax Sops Attract FPIs Away from Mauritius, Singapore
Foreign portfolio investors (FPIs) are increasingly favoring GIFT City, India’s premier International Financial Services Centre (IFSC), over traditional investment routes through Mauritius, Singapore, and other countries. This shift is largely driven by the Indian government’s initiatives to promote GIFT City by offering attractive tax benefits and streamlined business operations. GIFT City’s guaranteed tax advantages, supported…