US EditionIndia’s ICAI permits CAs to establish mirror companies in GIFT City
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India’s ICAI permits CAs to establish mirror companies in GIFT City
The Institute of Chartered Accountants of India (ICAI) has announced new regulations allowing chartered accountants (CAs) to establish minor companies in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar, Gujarat. The move is intended to relax the existing exclusivity rules for CAs and enhance India’s standing in the global accounting sector, the Times of India reported. The GIFT International Financial Services Centre (GIFT IFSC)…
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