Opening Foreign Currency Accounts Made Easier: RBI Notifies Seventh FEMA Amendment (2025)
RBI allows exporters to open foreign currency accounts in IFSCs under FEMA 2025 amendment, effective immediately.
IFSC
IFSCA notifies Regulations Empowering TechFin and Ancillary Service Providers
IFSCA’s 2025 framework sets out registration, governance, and currency norms for TechFin and Ancillary Service Provider, ensuring compliance, oversight, and transparent financial operations.
Cyril Amarchand Mangaldas acts as legal advisors to Coventry University on setting up its International Branch Campus at IFSC, GIFT City
Cyril Amarchand Mangaldas advised Coventry University, United Kingdom (Coventry University), in setting up of its International Branch Campus
Shardul Amarchand Mangaldas & Co. advises Continuum Green Energy Group on the issuance of senior secured notes by its subsidiaries
Shardul Amarchand Mangaldas & Co. advised Continuum Green Energy Group (“Continuum”) on issuance of senior secured notes equivalent to U.S.$650,000,000 (“Notes”), issued
IFSC (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024
BAFT Service Provider will undertake Bookkeeping, Accounting, Taxation & Financial Crime Compliance Services.
IFSC introduces definitions of IFSC Banking Company and IFSC Banking Unit
On 7-7-2023, the International Financial Services Centres Authority (‘IFSCA’) notified the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2023 to amend
Bullion exchange units will now be deemed IFSCs vide Special Economic Zones (Second Amendment) Rules, 2022
On 6th July, 2022, Central Government passed Special Economic Zones (Second Amendment) Rules, 2022. It will be coming into force with immediate
CBDT notifies exemption of TDS on rent of ‘aircraft’ leased out by IFSC units on certain conditions
On 16th June, 2022, the Central Board of Direct Taxes (CBDT) has exempted TDS on lease rentals under Section 194-I of Income
Weekly Rewind Ep. 63| Sex Workers’ right to dignity; Hindu Women’s right to property; right to dissent; freedom of press; and more
Top Story of the Week Aadhaar Card for Sex Workers| Supreme Court bats for sex workers’ right to dignity; directs UIDAI to
Taxation & Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 | Faceless jurisdiction of income-tax authorities [Key Features]
President gave assent to the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 on 29-09-2020. The Taxation and
Cabinet approves introduction of International Financial Services Centres Authority Bill, 2019 in Lok Sabha, after withdrawal from Rajya Sabha
The Union Cabinet approved for withdrawing of the International Financial Services Centres Authority, 2019 Bill which was introduced in the Rajya Sabha