The market framework in GIFT City is designed to be efficient, investor-friendly, and on par with the best international financial centers.

• IFSCA's Capital Market Regulations: The IFSCA provides a comprehensive set of regulations for listing, trading, clearing, and fund management, ensuring a well-regulated market.
• Segregated Nominee Account (SNA) Structure: This key innovation allows foreign investors to trade through brokers without direct registration, functioning like an omnibus structure and ensuring ease of access.
• Diverse Product Offerings: The exchanges offer a wide range of products, including Indian and global stock derivatives, the popular GIFT Nifty contracts, currency derivatives, and debt securities.
• Simplified Access for FPIs: Foreign Portfolio Investors (FPIs) benefit from simplified access, with no requirement for a separate PAN or Indian bank account to trade in the IFSC.

The capital markets ecosystem is supported by a robust infrastructure of exchanges, depositories, and clearing corporations.

• India INX (BSE) & NSE IFSC: The two international stock exchanges that offer a 22-hour trading window, overlapping with market times in Asia, Europe, and the US.
• India International Depository IFSC Ltd (IIDI): The single depository in GIFT City that holds all securities in dematerialized form, ensuring security and efficiency.
• International Clearing Corporations: These entities act as the central counterparty for all trades, guaranteeing settlement and removing counterparty risk.
• Alternative Investment Funds (AIFs): A growing ecosystem of venture capital, private equity, and hedge funds that provide deep liquidity and investment opportunities.

GIFT City offers a powerful suite of tax incentives that make it a highly competitive jurisdiction for capital market activities.

• Tax Holiday for AIFs & Intermediaries: Fund managers and stockbrokers enjoy a 100% tax exemption on their business income for 10 out of 15 years.
• Tax Exemption for Investors: Non-resident investors are exempt from capital gains tax on the transfer of specified securities, including derivatives and debt instruments.
• Incentives for Listed Companies: Indian companies that list on the IFSC exchanges can benefit from a concessional tax regime.
• No Transaction Taxes: A major advantage is the complete waiver of Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) on all trades executed on the IFSC exchanges.

Our experts help you navigate these incentives to ensure your capital market operations are highly cost-efficient and profitable.