Real Estate Investment Trusts (REITs)

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 […]

Budget 2014 : Impact of REITs in Real Estate
In order to reduce the pressure on existing bank lending, the government has decided to provide necessary incentives for REITs. As per the Union Budget, several tax incentives for REITs coupled with infrastructure worth Rs 7600 cr that is planned for 10 cities is expected to help the sector in a significant way. Real Estate […]