Perspectives
"GIFT City is on its way to becoming a true financial hub, on par with Singapore and Dubai. For successful Indian families - the benefits associated with this structure from a tax, regulatory, and flexibility perspective - are unparalleled.” - Parth Vakil, BCF Founder, Principal
Educational
"Indian families face a number of challenges when it comes to investing their capital overseas. The annual LRS cap is restrictive for many HNIs/UHNIs, and the scheduled TCS rate hike makes overseas investing even more daunting. Thanks to recent Gov’t of India initiatives and the @IFSCA (or whomever you think we should tag here), resident Indians can now participate more freely in overseas investments WITHOUT having to set up an elaborate investment operation in Dubai, Singapore, or elsewhere offshore. For years to come, GIFT City will be at the center of facilitating cross-border investment activity between India and developed Western nations. This is only the beginning of @GIFT City’s path to becoming an integral part of the global financial system.” - BCF Principals
