63 Moons Contribution To Financial Markets

63 Moons played a prominent role in the Indian financial system with the distinction of being the only entity in India to establish 10 exchanges covering all the asset classes including equity, debt, currency, commodities and energy along with an extensive ecosystem of supporting institutions in India & abroad. It enabled tech-centric market systems that democratized markets and provided technology solutions and trading platforms to the Indian financial market infrastructure.

The company is acclaimed all over the world for the pioneering work it has done in the creation of state-of-the-art, modern and people-centric financial markets.

 Key Facts On 63 Moons’ Contribution:

• Leader In Technology:
  
  63 moons have a good and running technology business, in which it has pioneered and stands as a global leader even today. Further, the group is on its way to create the future through innovation and technology in the emerging Digital India space.

• Revenue Generation for Exchequer:
  
  63 moons group has made a significant contribution to the tax revenue without seeking any subsidies or tax reliefs like the IT sector. The operations of the exchanges and ecosystem institutions generated a number of taxes, such as sales tax, income tax, VAT, STT, and CTT.

• Global Influence:
  
  International ventures of 63 moons put India on the world map of global finance. The exchange development strategies have become case studies for emerging markets.

• Connecting Indian Finance With Global Markets:
  
  Opening a gateway for Indian businesses to explore opportunities in Asia, Africa, and the Middle East by opening exchanges in major centers of Dubai, Singapore, Mauritius, Bahrain, and Singapore.

• 63 moons have not taken any subsidy and any tax incentive/favor from Government. On the contrary, the group has created minimum 1 million jobs through its ventures directly and indirectly.

• The group has paid more than approx. Rs 2,000 crores as a tax. Every venture that has been rolled out of the group has been no. 1 in India and no. 2 in the world, thus making it proud - A true ‘Made in India’ story.
  
  
• The company has a track record of paying 100% dividend since the past 38 quarters to its shareholders, which itself is a record in India by itself.

For more information check 63 Moons.