Enforcement in GIFT IFSC: Inspections, Notices and the Power to Cancel
Authored by R & D Law Chambers LLP | Practice led by Ravish Bhatt, Dual-qualified lawyer (India and England & Wales) | Bar Council of Gujarat, Enrolment G/504/2008 | SRA (non-practising) Registration No. 492 477 | ADIT, Chartered Institute of Taxation, London Published: 3 August 2026 | Last reviewed: 3 August 2026 This article states […]
GIFT City vs Singapore: Why Global Fund Managers Are Choosing India’s IFSC, and When Singapore Still Wins
Ravish Bhatt | Partner, R & D Law Chambers LLP | giftcitylawyers.com Five years ago, the question “GIFT City or Singapore?” was not a serious one for most international fund managers. GIFT City was a policy ambition. Singapore was an established global financial centre with USD 4.7 trillion in managed assets, a deep private banking […]
One Regulator. One Rulebook. One City: TheCase for GIFT City Beyond the Tax Headlines
Ravish Bhatt | Partner, R & D Law Chambers LLP | giftcitylawyers.com Every conversation about GIFT City eventually arrives at the tax holiday. It is significant, and it has just been extended. But leading with the tax story misses what is structurally more durable and commercially more consequential: the regulatory architecture that GIFT City offers, […]
Setting up an AIF in GIFT City IFSC: The Practical Guide to Structure, Registration, and Fund Documentation
Ravish Bhatt | Partner, R & D Law Chambers LLP | giftcitylawyers.com GIFT City’s fund management ecosystem has grown from eight registered Fund Management Entities in March 2020 to over 177 by December 2025, with cumulative capital commitments crossing USD 32 billion. That growth reflects a regulatory framework that has been deliberately designed to attract […]
GIFT City IFSC: The Tax Architecture That Changed the India Investment Conversation
Ravish Bhatt | Partner, R & D Law Chambers LLP | giftcitylawyers.com When India’s Supreme Court issued its Tiger Global judgment on 15 January 2026, the immediate instinct of many cross-border fund managers and MNCs was to reconsider their India strategy. A structure that had worked for a decade suddenly carried a question mark. There […]
GIFT City IFSC and the SEZ Act, 2005: Section 18, the Four-Layer Legal Structure, and What SEZ Law Means for Financial Services Businesses
Authored by R & D Law Chambers LLP | Practice led by Ravish Bhatt, Advocate, Bar Council of Gujarat (Enrolment G/504/2008) | Solicitor of the Senior Courts of England and Wales (SRA No. 492 477) | ADIT, Chartered Institute of Taxation, London Published: [20 july 2026] | Last reviewed: July 2026 An International Financial Services […]