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 […]

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 […]