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Foreign Exchange Management Act

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: Positive Steps to Eradicate Black Money and Illegal Transactions

With regard to curbing domestic black money, new bill has been introduced. Bringing black money stashed in foreign countries has been one of the high priorities for the present central government since the time it came into power. It went one step further in this regard in the budget tabled today, to keep up its […]

karthik.k

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

Returning Home? Tips To Own A Good House In India

While Indians staying within the country might find property prices accelerated, the same cannot be said for NRIs who are residing abroad. For them, the increase is only marginal owing to the reduced value of Indian Rupee. As a result, overseas investors are looking to seek properties in the country and thereby giving a boost […]

victoria.c

Problems Faced By NRIs While Investing In India

The real estate market has been one of the sunshine sectors doing its bit in the overall growth of the Indian economy. The rising Indian success story would have been incomplete without the booming real estate sector aided equally by Indian residents as well as Non Resident Indians (NRIs). The bond of seeking a home […]

victoria.c

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