Advocates & Counsel • Est. 1978 • Ahmedabad

India's gateway to global capital. Your counsel at the threshold.

GIFT City is where the world enters India — and where India reaches the world. Bhatt & Joshi Associates is a Gujarat High Court practice, rooted in income-tax law, advising across all twenty business heads of the country's only International Financial Services Centre.

1978Founded
20IFSC heads advised
26Handbooks published
The Practitioner Library is Complete

Twenty-six handbooks of the Bhatt & Joshi Practitioner Series — covering every IFSC business head — together with four long-form Publication Series monographs and three Research volumes, are now published and downloadable. Every operational head page carries a live interactive tool. The architecture is ready for sustained engagement.

Open the booklet library → Master Catalogue (PDF)
Why a Gujarat firm for global capital

Onshore talent. Offshore framework. Local counsel.

GIFT City offers international investors an offshore regulatory and tax environment on Indian soil. What it still requires is counsel who understand both worlds — the IFSCA rulebook and the Indian legal system that surrounds it. That is the seam we work in.

Rooted in tax

Our founder is Senior Standing Counsel for the Income Tax Department. The fiscal architecture that makes the IFSC attractive is the law we argue every week.

Beside GIFT City

We are based in Ahmedabad, a short drive from the centre — close enough to be present, and to understand the ecosystem from the inside.

Litigation-tested

Advisory backed by courtroom credibility. If a structure or a position is ever questioned, we are a firm that argues — not only one that drafts.

A global opportunities gateway

Why capital is choosing GIFT City now.

For global companies and HNIs weighing where to base cross-border activity, three forces are converging on a single jurisdiction — and they reward acting early.

A competitive fiscal base

A long income-tax holiday for IFSC units, relief from GST on IFSC services, and exemptions from STT, CTT and stamp duty on IFSC-exchange trades — an architecture built to stand beside the established offshore centres.

A door into the Indian market

Unlike a purely offshore hub, GIFT City sits on Indian soil and aligns with national policy. For firms whose strategy includes India, it is both an offshore base and an on-ramp to one of the world's largest growth markets.

Stability and the rule of law

In an uncertain world, predictability is itself an asset. A single, transparent regulator, an independent judiciary, and a neutral, treaty-anchored legal order make GIFT City a considered choice for capital that values certainty as much as headline rates.

The opportunity is real, but every benefit carries a condition. That is where an enabler at the threshold earns its place — see how the framework works →

The business heads

Every way the IFSC lets you do business.

IFSCA's framework spans twenty distinct business heads — from banking and fund management to aircraft leasing, bullion, listing, and the tax regime that ties them together. We advise across all of them. Search, filter, or try the investor tools to find yours.

Open investor tools →

Considering GIFT City?

Whether you are a fund manager, a bank, an insurer, a lessor, or a family office, the first conversation costs nothing and clarifies a great deal.

Start the conversation