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budget 2015 india

Budget 2015: Capital gains regime for REITs

Investment Trusts such as REITs and InvITs will benefit with  the recent announcement in the budget.  This Budget has spelt good news for REITs by rationalising the capital gains regime for the sponsors while exiting the investment trust. Moreover, the rental income which is being generated through the assets owned by REITs and InvITs are […]

sannihith.tn

Budget 2015: 4 ‘REAL’ Things That Got No Mention!

1. Smart Cities: The budget did not provide any details on 100 upcoming smart cities, which were widely anticipated. The clear roadmap pertaining to the development of these cities still remains unclear. But as every cloud has silver lining. We believe that the funds allocated for the development of road and rail will boost the […]

nikunj.j

Budget 2015: 5 ‘REAL’ Things you should not miss!

1. GST to be introduced from April, 2016: Goods and Service Tax (GST) will come into force from April 1, 2016. With the introduction of the GST, a lessening in the number of various taxes executed is anticipated. These include service tax, excise duties and value added tax. It is also expected to simplify and streamline the indirect […]

nikunj.j

Booster shot for Real Estate Investment Trusts

All decks are being cleared to allow foreign investment in the cash-starved Indian real estate sector. The Finance Ministry has floated a draft cabinet note to amend the Foreign Exchange Management Act (FEMA) to permit overseas funds in real estate investment trusts (REITs). At present, foreign investment in real estate assets, specifically completed commercial real […]

nikunj.j

8 Things that Real Estate Sector Expects from Union Budget 2015-16

Modi Government is all set to present the Union Budget for the financial year 2015-16 on 28 February. While the government is gearing up, the user forum of CommonFloor is witnessing lot of consumer interest regarding the upcoming budget. ‘Do you think budget 2015 will introduce interest cut on home loans?’, ‘Will this budget introduce […]

nikunj.j

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