Gujarat International Finance Tech City (GIFT City) offers tax-efficient investment opportunities for NRIs and foreign nationals. At the ‘Cafemutual India Investment Summit’ in Dubai, PwC’s Neha Bagri highlighted taxation benefits for NRIs through AIF/PMS, FPI, and GIFT funds. For PMS investments, capital gains are taxed at increased rates, while dividends face a 20% tax. AIF investors enjoy GST exemptions and fund-level taxation. FPI investments are capped at 50% of scheme size, with capital gains at 15%. GIFT IFSC allows 100% NRI participation in offshore funds, offering tax-free derivative income and no treaty reliance for concessions.