Investors in GIFT City can expect tax exemptions on capital gains from ETFs and mutual funds, as well as derivative-related income.
"So you can I am going to give you the link of this same you know website in the pind comment in the description box as well. But to let you know, additionally cross check what I did was apart from that website I referred to. I also had a word with some of my chartered accountant friends. Time Acquaintances who practice in international tax. According to them as well, whatever capital gains tax whatever capital gains arise because of sale of ETFs and mutual funds they are accepted under these sections. Even if they have a derivative related income this will also be accepted."
