*Government Extends GIFT City Tax Breaks In Bid To Lure New Investment* Finance Minister Nirmala Sitharaman extended some of GIFT City’s tax benefits to March 2030 that had previously been slated to expire between 2024 and 2026. The government will also permit mutual funds and exchange-traded funds to relocate to GIFT City without paying a capital gains tax, effective April 2026 onward, according to budget documents. For more details: https://www.ndtvprofit.com/budget/budget-2025-government-extends-gift-city-tax-breaks-in-bid-to-lure-new-investment