Real Estate Investment Trust and Infrastructure Investment Trust to be Incentivised

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Real Estate Investment Trust and Infrastructure Investment Trust to be Incentivised
News and Press Release
Dated:- 10-7-2014

Government has proposed incentives for Real Estate Investment .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Trusts(REITs) which will have pass through for the purpose of taxation. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that REITs .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... have been successfully used as instruments for pooling of investments in several countries. As an innovation, a modified REITs type structure for infrastructure projects is also being announced as Inf .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rastructure Investment Trusts(InvITs) which would have a similar tax efficient pass through status, for PPP and other infrastructure projects. These structures would reduce the pressure on the banking .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... system while also making available fresh equity. Shri Jaitley exuded confidence that these two instruments would attract long term finance from foreign and domestic sources including the NRIs.
Ne .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ws - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X