**Policy Summary:**
This notification, S.O. 3625(E), issued by the Ministry of Finance, Department of Economic Affairs, Financial Market Division on August 5, 2025, enacts a further amendment to notification S.O. 2435(E) dated July 24, 2020. The amendment, made in exercise of powers conferred by section 51c of the International Financial Services Centres Authority Act, 2019 (No. 50 of 2019), pertains to serial number 2 in the principal notification. The existing entry is replaced with "Mr Solomon Arokiaraj, Additional Secretary, Ministry of Finance, Department of Economic Affairs, Government of India...Member." The principal notification, S.O. 2435(E), was initially published on July 24, 2020, and has been subsequently amended by notifications S.O. 2427(E) dated May 27, 2022, S.O. 4408(E) dated September 21, 2022, and S.O. 5251(E) dated November 11, 2022. The notification is issued under F. No. 412020RE and signed by Aparna Bhatia, Economic Adviser.
Key Entities Referenced
International Financial Services Centres Authority Act, 2019: A legislative act, specifically No. 50 of 2019, that grants powers exercised in the notification.
Ministry of Finance: The government ministry responsible for the notification, specifically the Department of Economic Affairs.
Department of Economic Affairs: A department within the Ministry of Finance.
New Delhi: The city in India where the notification was issued.
Solomon Arokiaraj: Additional Secretary in the Ministry of Finance Department of Economic Affairs Government of India and Member.
Aparna Bhatia: Economic Adviser mentioned in the document.
S.O. 2435E: The number of the said Principal Notification which is being amended.
Gazette of India: Official government gazette where the notification and its amendments are published.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-07082025-265283
CG-DxLx-xEG-I0D7H0x8x2x0 25-265283
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3538] नई दिल्ली, बृहजस्ट्पतिार, अगस्ट्त 7, 2025/श्रािण 16, 1947
No. 3538] NEW DELHI, THURSDAY, AUGUST 7, 2025/SHRAVANA 16, 1947
जित्त मत्रं ालय
(आर्थकि काय ि जिभाग)
(जित्तीय बािार प्रभाग)
अजधसचू ना
नई दिल्ली, 5 अगस्ट् त, 2025
का.आ. 3625(अ).— केंद्रीय सरकार, अंतरराष्ट्रीय जित्तीय सेिा केंद्र प्राजधकरण अजधजनयम, 2019 (2019 की
सं. 50) की धारा 5(1)(ग) द्वारा प्रित्त िजियों का प्रयोग करत े हुए, भारत सरकार, जित्त मंत्रालय, आर्थिक कायि जिभाग की
दिनांक 24 िुलाई, 2020 की अजधसूचना संख्या का.आ. 2435(अ) (जिसे इसके बाि उि मलू अजधसूचना कहा िाएगा) म ें
जनम्नजलजखत और संिोधन करती ह,ै अथाित:् -
उि मूल अजधसूचना, जिसे बाि में दिनांक 27 मई 2022 की अजधसूचना संख्या का.आ. 2427(अ),
दिनांक 21 जसतंबर 2022 के का.आ. 4408(अ) और दिनाकं 11 निंबर, 2022 के का.आ. 5251(अ) के माध् यम से सिं ोजधत
दकया गया था, में क्रम संख्या 2 के सामने, मौिूिा प्रजिजि के स्ट्थान पर जनम्नजलजखत को प्रजतस्ट्थाजपत दकया िाएगा, अथाित:् -
5281 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
“श्री सोलोमन अरोदकयाराि,
अपर सजचि
जित्त मंत्रालय
आर्थिक कायि जिभाग
भारत सरकार …...सिस्ट्य”
[फा. सं. 4/1/2020-आरई]
अपणाि भाटिया, आर्थिक सलाहकार
फुि नोि: मलू अजधसूचना भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (ii) म ें दिनांक 24 िुलाई, 2020 के
का.आ. 2435(अ) के माध् यम से प्रकाजित की गई थी और तत्प श् चात इस े दिनांक 27 मई 2022, की अजधसूचना
संख्या का.आ. 2427(अ), दिनांक 21 जसतंबर 2022 के का.आ. 4408(अ) और दिनांक 11 निंबर, 2022 के
का.आ. 5251(अ) के माध् यम स ेसंिोजधत दकया गया था।
MINISTRY OF FINANCE
(Department of Economic Affairs)
(FINANCIAL MARKET DIVISION)
NOTIFICATION
New Delhi, the 5th August, 2025
S.O. 3625(E).— In exercise of the powers conferred by section 5(1)(c) of International Financial Services
Centres Authority Act, 2019 (No. 50 of 2019), the Central Government hereby makes the following further amendment
in the notification of the Government of India, Ministry of Finance, Department of Economic Affairs, number
S.O. 2435(E) dated 24th July, 2020 (hereinafter referred to as the said Principal Notification), namely: -
In the said Principal Notification subsequently amended vide notification number S.O. 2427(E) dated 27th May
2022, S.O. 4408(E) dated 21st September 2022 and S.O. 5251(E) dated 11th November, 2022 against serial number 2,
for the existing entry, the following shall be substituted, namely: -
“Mr Solomon Arokiaraj,
Additional Secretary
Ministry of Finance
Department of Economic Affairs
Government of India …...Member”
[F. No. 4/1/2020-RE]
APARNA BHATIA, Economic Adviser
Foot Note: The Principal Notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-
section (ii) vide S.O. 2435(E) dated the 24th July, 2020 and subsequently amended vide notification number
S.O. 2427(E) dated 27th May 2022 S.O. 4408(E) dated 21st September 2022 and S.O. 5251(E) dated
11th November, 2022
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.