Minimum Alternate Tax (MAT) reduced from 18.5 % to 9 % in IFSC
Security Transaction Tax (STT) waived off
Commodity Transaction Tax (STT) waived off
Dividend Distribution Tax (DDT) abolished
Long Term Capital Gain (LTCG) waived off
For Registered Share Broking offices located in GIFT, Stamp Duty for share-broking transactions of share brokers exempted.
Incentives for companies setting up offices in GIFT to avail benefits as per IT/ITeS Policy 2016-21.