Mumbai, July 5: The central government has been offering incentives to investors in order to promote investment in Gujarat International Finance Tec-City (GIFT), a global financial and tech hub, set up near Gandhinagar, in the state of Gujarat. The center intends to develop GIFT City as India’s International Financial Services Centre (IFSC). With a view to further incentivise the IFSC, union finance minister Nirmala Sitharaman has proposed several direct tax incentives in her budget speech on Friday.