Govt. notifies norms for setting up of units in IFSC by various authorised agencies

The Govt. has notified the Special Economic Zones (Amendment) Rules, 2021 wherein new rule 21A for Setting up of Unit by Multilateral or Unilateral or International agencies in International Financial Services Centre has been inserted. The Multilateral agency or Unilateral agency or International agency notified under the United Nations (Privileges and Immunities) Act, 1947 shall be allowed to set up their local or regional office in the IFSC as an Unit.The Govt. has notified the Special Economic Zones (Amendment) Rules, 2021 wherein new rule 21A for Setting up of Unit by Multilateral or Unilateral or International agencies in International Financial Services Centre has been inserted. The Multilateral agency or Unilateral agency or International agency notified under the United Nations (Privileges and Immunities) Act, 1947 shall be allowed to set up their local or regional office in the IFSC as an Unit.taxmann.com Latest Statutory HappeningsRead More

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