News & Media 4th Jun 2025

New funds surge in GIFT City, but old money stays offshore

Authors

Vinod Joseph Partner | Mumbai

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Our Partner Vinod Joseph, has provided expert insights in Srushti Vaidya‘s recent article in Livemint, titled “New funds surge in GIFT City, but old money stays offshore“.

In this piece, Mr. Joseph discusses how GIFT City’s guaranteed tax benefits and robust legal framework are making it an increasingly attractive destination for foreign portfolio investors (FPIs), compared to traditional routes through Mauritius and Singapore. He notes that the ten-year exemption on business income in GIFT City is a legal provision, making it a more stable and reliable option for investors.

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