Mint Profile picture
Feb 19, 2022 5 tweets 5 min read Read on X
#PersonalFinance | NRIs and foreign investors enjoy low tax rates on investments made in the International Financial Services Centre (IFSC) in the Gujarat International Finance Tec-City (GIFT) located at Gandhinagar, Gujarat.

(By @SatyaSontanam) | bit.ly/3sPpoMp
#PersonalFinance |Legally, the IFSC is considered a jurisdiction separate from the rest of India, that provides financial services in foreign currency.

(By @SatyaSontanam) | bit.ly/3sPpoMp
#PersonalFinance | A large number of Alternative Investment Funds (AIFs) have also sprung up in the GIFT city, catering to NRIs.

(By @SatyaSontanam) | bit.ly/3sPpoMp
#PersonalFinance | An AIF, which is a privately pooled investment vehicle, comes in three different categories. Category I funds invest in start-ups or early stage ventures.

(By @SatyaSontanam) | bit.ly/3sPpoMp
#PersonalFinance | Category III funds such as hedge funds employ diverse or complex trading strategies for investment in listed or unlisted securities/derivatives.

(By @SatyaSontanam) | bit.ly/3sPpoMp

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Mar 27
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May 15, 2023
🗞 In Mint today:

🛂 Visa woes force Indian IT companies to hire locally in US

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🥛 Is there room for a dairy behemoth?

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🗂You can own a piece of your office now

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Indian IT companies have been forced to seek an alternative staffing route. They are starting to hire locally in important markets such as the US due to delays in visas for their Indian hires, report @DevinaSengupta and @VaruniKhosla:
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