Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Budget 2025 Proposes to Include Retail schemes and Exchange Traded Funds (ETFs) in relocation Relocation Regime of funds of IFSCA
The Budget proposes to include retail schemes and exchange-traded funds (ETFs) in the relocation regime of funds within the International Financial Services Centre (IFSC). This proposal aims to enhance the attractiveness of IFSCs by broadening the range of financial products eligible for relocation. By including retail schemes and ETFs, the government seeks to boost investment activities and increase capital flows through IFSCs. The initiative is expected to attract global investors and enhance the competitiveness of India’s financial markets. This move reflects the government's efforts to position IFSCs as key financial hubs in the global market, facilitating greater foreign investment.