Tag: InVITs

Government proposes tax relief for REITs, InVITS
Posted in Economy

Government proposes tax relief for REITs, InVITS

In a relief to REITs and InVITs, the Finance Bill on Friday proposed to treat distribution from business as return of capital. While presenting the…

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InVITs: Govt proposes taxation changes related to REITs, InVITs
Posted in Economy

InVITs: Govt proposes taxation changes related to REITs, InVITs

Seeking to widen the tax base, the government on Wednesday proposed to tax income distributed by business trusts like REITs and InVITs in the form…

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