Tag: Real Estate Investment Trusts

By Taponeel Mukherjee, As India's Finance Minister is days away from presenting Budget 2018, there are two key issues that he must address to boost investment and growth in the country. They are: Non-tax revenues from land bank monetisation of public institutions, and full tax-exempt status for income from debt instruments issued by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in India. The budget must pay attention to non-tax sources of revenues especially with a view to partially monetising the land banks of large public institutions such as...