Units set up in IFSC to undertake aircraft leasing activity don’t need a separate office

 ​    Notification No. G.S.R. 125(E), Dated … Continue reading “Units set up in IFSC to undertake aircraft leasing activity don’t need a separate office”
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Notification No. G.S.R. 125(E), Dated 23.02.2023

Ministry of Commerce and Industry has notified amendment in Special Economic Zones (Amendments) Rules, 2023. A new rule 21B has been inserted to the Special Economic Zone Rules, 2006. As per the new norms, a unit in an International Financial Services Centre (IFSC), authorised to undertake aircraft leasing activity is not required to maintain a separate office.

It may utilise office space or manpower or both, of another unit set up in IFSC authorised to undertake aircraft leasing activity.

Click Here To Read The Full Notification

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