GIFT IFSC Archives - N Pahilwani & Associates

Audit of Foreign Companies in India Statutory Audit & Compliance

07 Mar 26

Audit of Foreign Companies in India: Statutory Audit, Schedule III, Ind AS / IFRS, and Compliance Guide

Audit of Foreign Companies in India: Statutory Audit, Schedule III, Ind AS / IFRS, and Compliance Guide India has become a preferred destination for foreign companies, multinational corporations, and global universities establishing branch offices, liaison offices, and project offices. While setting up business presence in India offers significant opportunities, it…

06 Mar 26

Financial Statements of Foreign Companies in India

Financial Statements of Foreign Companies in India Introduction: Financial Reporting Obligations of Foreign Companies in India India has witnessed a significant increase in foreign investment, global universities, multinational corporations, and financial institutions establishing branch offices, liaison offices, project offices, and campuses. While these entities may be incorporated outside India, their…

05 Mar 26

Taxation of Foreign Companies in India: Income Tax and Compliance Framework

Taxation of Foreign Companies in India: Income Tax and Compliance Framework Introduction and Definition of Foreign Company under Income-tax Act India has become a major destination for multinational corporations, foreign investors, and global institutions establishing operations, branch offices, and project presence. Companies planning market entry must first understand the process…

23 Feb 26

Registration of Foreign Companies in India: Companies Act, FEMA, and ROC Compliance Guide

Registration of Foreign Companies in India: Companies Act, FEMA, and ROC Compliance Guide Introduction and Definition of Foreign Company under Companies Act, 2013 India has emerged as a leading global destination for foreign investment, innovation, and startup expansion. Foreign promoters and companies are increasingly establishing branch offices, project offices, and…

13 Feb 26

IFSCA Net Worth Certification & Annual Audit Requirements for Global Access Providers (GAPs)

IFSCA Net Worth Certification & Annual Audit Requirements for Global Access Providers (GAPs) The International Financial Services Centres Authority (IFSCA) has significantly strengthened the prudential and supervisory framework governing Global Access Providers (GAPs) operating in GIFT IFSC. With the issuance of the February 12, 2026 circular prescribing a standardised Net…

30 Jan 26

AML Audit in GIFT IFSC: From Regulatory Mandate to Board Assurance

AML Audit in GIFT IFSC: From Regulatory Mandate to Board Assurance GIFT IFSC has redefined India’s position in the global financial ecosystem. With international capital flows, cross-border clients, and complex ownership structures, the regulatory environment within IFSC operates on a fundamentally different plane compared to domestic financial centres. In this…

Accounting & Financial Reporting for IFSC Entities in GIFT City

16 Jan 26

Accounting & Financial Reporting for IFSC Companies in GIFT City

Accounting & Financial Reporting for IFSC Companies in GIFT City Why Accounting in IFSC Requires a Different Mindset The International Financial Services Centre (IFSC) at GIFT City is designed as India’s offshore financial jurisdiction. Companies operating here do not follow the same accounting and reporting practices as conventional domestic businesses.…

24 Dec 25

Valuation Requirements under IFSCA Fund Management Entity (FME) Regulations, 2025

Valuation Requirements under IFSCA Fund Management Entity (FME) Regulations, 2025 Valuation as a Pillar of Regulatory Compliance for FMEs Under the IFSCA (Fund Management) Regulations, 2025, valuation is not treated as a routine accounting formality. Instead, it forms a foundational element of regulatory compliance and fiduciary responsibility for Fund Management…

20 Dec 25

TDS Compliance for IFSC Companies in GIFT City

TDS Compliance for IFSC Companies in GIFT City Introduction: TDS Obligations in the IFSC Ecosystem International Financial Services Centres (IFSCs), especially GIFT City IFSC, have been developed as globally competitive financial jurisdictions offering a combination of tax incentives, regulatory flexibility, and seamless cross-border access. While IFSC units benefit from several…

29 Oct 25

Preparing for the Annual Compliance Audit under IFSCA CMI Regulation 2025

Preparing for the Annual Compliance Audit under IFSCA CMI Regulation 2025 Understanding the Annual Compliance Audit under IFSCA The International Financial Services Centres Authority (IFSCA) introduced the Capital Market Intermediaries (CMI) Regulations, 2025 to strengthen regulatory oversight of entities operating in GIFT City, India’s premier International Financial Services Centre (IFSC).…

Subscribe to our newsletter