Policy Framework for Finance SEZs

Ministry of Finance

Working Papers from eSocialSciences

Abstract: India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as well as offshore. India requires sophisticated financial services to fuel growth in the future.India also has an unusual opportunity in producing financial services, on a global scale.there is a case for the establishment of Finance SEZs, where improvements could be made on capital account re- strictions, financial regulation, taxation and urban governance. [Comments invited by Ministry of Finance]

Keywords: finance SEZ; financial services; financial regulations; taxation; capital account restrictions; India; South Asia; Percy Mistry Committee Report 2007 (search for similar items in EconPapers)
Date: 2015-02
Note: Institutional Papers
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