Whalesbook
GIFT City mein pehli Global HFT
London ki renowned high-frequency trader (HFT) Qube Research & Technologies (QRT) ab GIFT City mein apna base bana rahi hai. Isse India ka International Financial Services Centre (IFSC) ek global trading hub banne mein aur mazboot hoga.
QRT, jo apne low-profile aur proprietary trading ke liye jaani jaati hai, ko IFSC Authority (IFSCA) se in-principle approval mil gaya hai. Yeh registration unhein SEZ mein set up hone wali pehli global HFT banati hai.
Tax Fawaeed se expansion
QRT ne khud confirm kiya hai, "Mumbai office ke alawa, hum GIFT City mein ek office establish kar rahe hain." Unki plan hai ki woh sophisticated trading strategies ke liye ek Category III fund launch karein. GIFT-IFSC international zone mein operate karne se QRT ko derivatives trading aur related securities transactions se hone wali income par tax exemptions milenge.
Halanki doosri HFTs GIFT City ke domestic tariff area (DTA) se operate karti hain, QRT ka SEZ registration unhein aur zyada tax benefits dega, jismein derivative gains par full exemption bhi included hai. Yeh baat Deloitte India ke partner Rajesh Gandhi ne batai hai.
Badhta HFT Hub
GIFT City ke CEO Sanjay Kaul ne bataya ki IFSC, HFT aur proprietary trading ke liye ek important hub banta ja raha hai. Jump Trading, Tower Research Capital, aur Graviton Research Capital jaise firms already DTA segment mein hain, jabki baaki remote trading ke through connect hain.
Regulatory Clarity ka Importance
Experts ka kehna hai ki Mauritius aur Singapore se bhi HFTs tax exemptions access kar sakte hain, lekin India ke anti-avoidance rules aur OECD norms ko lekar concerns ki wajah se firms zyada certainty chahti hain. GIFT-IFSC mein operations set up karne se regulatory predictability aur protection badhti hai, agar firms GIFT City mein adequate substance aur key personnel maintain karti hain.
Singhania & Co. ke managing partner Rohit Jain ke according, yeh structure leveraged, derivatives-focused strategies ke liye offshore-like tax treatment aur operational flexibility provide karta hai. Tax benefits domestic law mein saaf taur par likhe hain, jo treaty eligibility par depend karne wale offshore structures ke muqable zyada certainty dete hain aur General Anti-Avoidance Rules (GAAR) challenges se bachne mein madad karte hain.