- country
- India
- incentives
- India's first IFSC, treated as a distinct financial zone with separate regulatory/tax treatment (deemed outside the domestic tariff area), regulated by the International Financial Services Centres Authority (IFSCA) under the IFSCA Act, 2019. Tax holiday for 10 consecutive years out of 15 on business income (Section 80LA, extended AY 2025-26 to FinTech service providers, treasury centres, fund administrators), plus GST and MAT exemptions/relief. Hosts the IFSCA (FinTech Incentive) Scheme, 2022 grants (see grants_programs).
- zone type
- free_zone