Budget’s tax proposals and incentives for GIFT City are expected to attract international investors and fund managers by extending tax concessions until 2030. This will increase demand for real estate and office spaces, driven by an anticipated population influx and enhanced investment opportunities in the financial ecosystem.
India raises $73 bn in forex inflows at record pace
India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap