IFSCA allows Foreign Universities to establish International Branches/Offshore centres in GIFT IFSC
- Blog|News|Indian Acts|
- < 1 minute
- By Taxmann
- |
- Last Updated on 15 October, 2022
Notification no. IFSCA/2022-23/GN/REG027, dated: 11.10.2022
IFSC Authority has now enabled Foreign Universities to establish International Branch Campuses in GIFT IFSC and Foreign Educational Institutions other than Foreign University to establish an Offshore Educational Centre in the GIFT IFSC. The motive behind the introduction of this notification was to make the GIFT IFSC an international educational centre catering to both Indian and foreign students in the specified disciplines.
Further, the motive is to encourage research in various domains such as Banking, Insurance, Capital Market, Funds Management, FinTech, Longevity Finance, Sustainable Finance, Quantum Computing, etc., to provide high-end human resources in finance, technology and related fields.
Click Here To Read The Full Notification
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied