The India International Depository IFSC Limited (IIDI) on March 21, 2025, issued the notification regarding the Extension of waiving the Minimum Annual Billing.
The following has been stated namely: -
• Earlier, the Minimum Annual Billing (i.e., USD 75 Per Month) was waived off till March 31, 2025.
• In order to encourage active participation for market development, the above-mentioned Minimum Annual Billing shall continue to be waived till September 30, 2025.
[Notification No. IIDI IFSC/DP/2024-25/086]