Gift City: A World-Class Finance Destination.
INVEST IN AN UNPARALLELED
MODERN ECONOMIC EDGE
GIFT City is a global financial and technology hub that offers single-window clearances and approvals under one umbrella. It provides a plug-and-play infrastructure for businesses seeking unparalleled accelerated growth.
More than
38
Aircraft lessors registered
Over
196
Aircraft + 89 engines leased through IFSC entities
More than
1100+
Entities Operational
Over
106
Billion USD Total Banking Asset Size
HURDLE FREE BUSINESS AT THE GIFT CITY
Multi-Services Special Economic Zone
India’s first International Financial Services Centre
Skypulse’s GIFT City address enables flexible leasing models that are customized to a client’s specific operational and financial needs.
“The vision is to create a world-class finance and IT zone for India to provide services not only to India but to the entire world.”
SHRI NARENDRA MODI
HON’BLE PRIME MINISTER OF INDIA
India’s Aviation Leasing Revolution Begins in GIFT City
India is the world’s third-largest domestic aviation market, yet for decades, aircraft leasing transactions were largely routed through offshore financial centres such as Ireland, Singapore, and Hong Kong.
GIFT City International Financial Services Centre (IFSC) was created to transform this landscape. Operating as a deemed foreign jurisdiction under FEMA 1999, GIFT City enables cross-border aviation finance transactions in freely convertible foreign currency while remaining fully integrated within India’s legal and regulatory framework.
Today, GIFT City has emerged as India’s dedicated global aviation leasing hub, offering a competitive environment for aircraft ownership, financing, and leasing activities.
Key Industry Milestones
- 38 registered aircraft leasing entities operating from GIFT IFSC
- More than 370 aviation assets leased through GIFT City structures
- Major airlines including Air India and IndiGo have completed landmark leasing transactions through GIFT City entities
Skypulse Solutions IFSC is proud to be a GIFT City-registered aviation leasing partner, supporting rotary-wing and regional aviation operators with flexible leasing solutions.
UNIMAGINED
OPPORTUNITIES
Strategic Location
Integrated Development
India’s First IFSC
Global Benchmarking
Ease of doing business
Strategic Location
Integrated Development
Global Benchmarking
Ease of doing Business
THE FISCAL FRAMEWORK
GIFT City IFSC offers one of the most competitive aviation leasing tax environments globally. The framework is designed to attract aircraft ownership, financing, and leasing activities by combining regulatory certainty with long-term fiscal incentives.
🏛️20-Year Tax Holiday
Income tax holiday available for 20 years within a 25-year block, extended under Union Budget 2026 to align with the economic life of aircraft assets.
📈 15% Corporate Tax Rate
Post-holiday corporate tax rate of 15% (excluding surcharge and cess), comparable with leading global aviation leasing jurisdictions.
💸 Zero Withholding Tax
No withholding tax on lease rentals paid by Indian lessees to IFSC lessors during the tax holiday period.
✅ Reduced GST
GST capped at 5% and fully creditable, compared with the standard 18% structure, helping operators reduce effective costs.
✈️ Capital Gains Deduction
100% deduction on capital gains arising from transfer of leased aircraft and engines during the tax holiday period.
📊 MAT Exemption
No Minimum Alternate Tax applicable to qualifying aircraft leasing companies established in GIFT IFSC.