Startup Sector Facilitation, GIFT City & Data Embassies - Episode 3

The third episode of "Everywhere We Belong" covers the implications of PayTM and the DPIIT's partnership and the centre's proposal to retain an additional percentage of tax revenue, typically allocated to states, in the new bulletin section.

Our main discussion covers GIFT City and how it functions, and foreign data embassies in India, followed by our community highlights (taken this week from the NRI subreddit), and finally, our curated weekly tip for NRI life that's super relevant to the preceding discussion on NRE accounts.

(00:00) Introduction
(00:22) DPIIT and PayTM's partnership 
(01:35) Central government's proposal to reduce tax revenue allocation to states
(03:02) GIFT City, Gujarat 
(06:07) Data embassies, in India 
(09:08) Community Highlights 
(09:27) Indian income reports in the UK, for NRIs?
(11:18) NRI Tip 
(11:28) Belong's USD FD!
(12:20) Conclusion