Photo of Shivam Garg

Senior Associate in the Tax Practice at the Delhi office of Cyril Amarchand Mangaldas. Shivam specialises in indirect tax advisory as well as litigation, and is also actively involved in analysing the impact of the Goods and Service Tax in India. He can be reached at shivam.garg@cyrilshroff.com

Aircraft Leasing in IFSC

In our previous post we had provided a synopsis of the legal framework relating to aircraft leasing in India and Indian IFSCs. In this piece, we will provide an overview of the tax incentives offered to the aircraft leasing activities undertaken from  IFSCs located in India to achieve the dream of developing the GIFT IFSC into a global aircraft leasing hub. We have provided  a few more thoughts to ponder upon as India fuels its engines to realise its objective of ‘letting the common citizen of the country fly’ (Ude Desh Ka Aam Nagrik).


Continue Reading Part III (B): Aircraft Leasing in IFSC – Let’s kick the tires and light the fires!