Rule 157 – TAX UPDATE INDIA

GIFT City IFSC Tax Rules in 2026: What CBDT Notification 94/2026 and the No-TDS Regime Mean for Your Fund

CA Adityavikram Banka August 25, 2026

CBDT Notification 94/2026 (G.S.R. 646E, 21 July 2026) widened the specified-fund definition in Rule 157. Read alongside the no-TDS reliefs for IFSC units and the Section 80LA holiday, here is the consolidated GIFT City IFSC tax map for 2026.

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Tag: Rule 157

GIFT City IFSC Tax Rules in 2026: What CBDT Notification 94/2026 and the No-TDS Regime Mean for Your Fund

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