Extension of Aircraft Leasing Tax Holiday in GIFT City
Sector: Airport • Location: Gandhinagar, Gujarat, India
Source: The Economic Times
India plans to extend the tax holiday for aircraft leasing firms in Gujarat International Finance Tec-City (GIFT City) from 10 years to 15 years. This extension aims to attract more aircraft leasing companies to the financial hub, helping India capture a larger share of the global aircraft leasing market, which is currently dominated by Ireland. The tax holiday extension is expected to be part of
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Description
Description | India plans to extend the tax holiday for aircraft leasing firms in Gujarat International Finance Tec-City (GIFT City) from 10 years to 15 years. This extension aims to attract more aircraft leasing companies to the financial hub, helping India capture a larger share of the global aircraft leasing market, which is currently dominated by Ireland. The tax holiday extension is expected to be part of India's budget proposals announced in February 2026. |
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