Infrastructure Investment Trusts
SEBI has finalised the draft norms of InvITs
InvITs or Infrastructure Investment Trusts are proposed in the Budget 2014-15 as an innovation to REITs to improve funding in infrastructure projects. These InvITs will also have same tax benefits as REITs. InvITs are proposed with an aim to reduce the pressure in the existing banking system for infrastructure loans. According to Hon’ble Finance Minister, […]
