The applicant shall ensure that their business in IFSC is not set up either by... https://www.taxtmi.com/acts?id=55725 Regulation 8 requires an applicant to ensure that its IFSC business is not established by splitting up, reconstructing, or reorganising a business already in existence in India. The determination of whether an existing Indian business has been split up, reconstructed, or reorganised must follow the requirements in Part A of the First Schedule. The prohibition applies to each specified method of establishing the IFSC business. en-us Tue, 22 Sep 2026 13:15:02 +0530 Tue, 22 Sep 2026 17:10:34 +0530 TaxTMI RSS Generator The applicant shall ensure that their business in IFSC is not set up either by... https://www.taxtmi.com/acts?id=55725 Regulation 8 requires an applicant to ensure that its IFSC business is not established by splitting up, reconstructing, or reorganising a business already in existence in India. The determination of whether an existing Indian business has been split up, reconstructed, or reorganised must follow the requirements in Part A of the First Schedule. The prohibition applies to each specified method of establishing the IFSC business. Act-Rules Indian Laws Tue, 22 Sep 2026 13:15:02 +0530 https://www.taxtmi.com/acts?id=55725