IFSCA & Gift City

1.      GIFT City is divided into how many Zones ?

• 4

• 5

• 2

• 6

    All the domestic transactions (Rupee-denominated) can be undertaken from :

• IFSC units

• Multiservice Special Economic Zone (SEZ)

• Domestic Tariff Area (DTA)

• All of the above

IFSC Units have to submit application on line through NSDL Portal in which Form to DC?

• Form F

• Form D

• Form E

• Form B

If an IFSC Units opting for new tax regime, then provision of MAT / AMT under Income Tax is applicable or not?

• @9 % of Book Profits

• @15 % of Book Profits

• Applicable

• Not Applicable

Is GST applicable on services provided to Domestic Tariff Area by an IFSC Units ?

• No GST applicable on services provided

• GST applicable on services provided

• GST applicable on goods, but not on services

• Partially applicable

How many % of EPF amount paid in case of male employees, is reimbursed by State ?

• 100%

• NIL

• 33%

• 75%

Capital subsidy @ 25% of capital expenditure for one-time purchase of Computers, networking and related hardware, subject to a ceiling limit of ?

• ₹ 1 Crore

• ₹ 2 Crores

• ₹75 lakhs

• $ 2.5 lakh

TCS on LRS Remittances extended to IFSC from 5 % to….?

• 10%

• 33%

• 20%

• 7%

India INX is a subsidiary of ?

• NSE

• IFSCA

• BSE

• NSDL

When was IIBX Launched ?

• 29 July 2022

• 29 July 2021

• 29 July 2019

• 29 July 2020