Tag: gift city

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Posted in Economy

Exporters in Gift City can retain forex proceeds for 3 months now

Mumbai: The Reserve Bank of India on Monday notified an amendment to Foreign Exchange Management Act (FEMA) regulations, allowing exporters with foreign currency accounts in…

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Posted in Economy

FM Sitharaman highlights role of GIFT City as global financial service provider

Finance Minister Nirmala Sitharaman on Monday highlighted the role of IFSC GIFT City as a global financial service provider. During the meeting with top management…

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