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🎓 CA Pratik Bharda Profile picture
🎓 CA Pratik Bharda
@pratik0227
Tax fixer | CA | PM @TaxBuddy1 Turn tax headaches into lakhs saved + hacks Finance • Equity • AI tools • Cards Chasing Financial Freedom
May 24 • 9 tweets • 2 min read
My doctor friend Shreya called me this week.

"Pratik, GIFT City is tax-free na? Nothing to pay on investments there?"

She had ₹20L sitting in savings. Was about to shift everything.

I had to stop her.

Here's what most people get completely wrong about GIFT City 🧵 GIFT City is physically in Gujarat.

But for FEMA, it's treated as "outside India."

This creates two completely different realities depending on WHO you are.

NRI investing INTO GIFT City → massive tax benefits.

Resident Indian → mostly normal tax.

Same city. Opposite outcomes.