Investor Presentaiton
Competitive Tax Regime - Income Tax
Units in IFSC
fin
➤ 100% tax exemption for 10 years out of 15 years
➤ IFSC Unit has the flexibility to select any 10 years out of 15 years block
➤ MAT / AMT @ 9% of book profits applies to Company / others setup as a unit in IFSC - MAT
not applicable to companies in IFSC opting for new tax regime
Dividend paid to shareholders of company in IFSC: From 01 April 2020, dividend income
distributed by Company in IFSC to be taxed in the hands of the shareholder.
Investors
➤ Interest income paid to non-residents on: (i) Money lent to IFSC units not taxable. (ii) Long
Term Bonds and Rupee Denominated Bonds listed on IFSC exchanges taxable at a lower rate
of 4%
➤ Transfer of specified securities* listed on IFSC exchanges by a non-resident not treated as
transfer – Gains accruing thereon not chargeable to tax in India
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Khandhar Mehta & Shah | Chartered Accountants
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