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The Capital Gains Account Scheme (CGAS) has served as a lifeline for taxpayers who are keen to reinvest proceeds from the sale of capital assets to save tax under sections 54 to 54F, but can’t do so immediately.
IFSCA’s Video KYC move to simplify onboarding of NRIs in GIFT City
The International Financial Services Centres Authority (IFSCA) has allowed regulated entities in GIFT City to onboard Non-Resident Indians (NRIs) through a video-based Know Your Customer (V-CIP) process.
Read Blog: https://thefynprint.com/global-investing/ifscas-video-kyc-move-simplify-onboarding-nris-gift?id=690d5f157c89caae3c75ade4
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