Realtors hail Real Estate Investment Trusts norm notification; seek more tax sops

♠ Posted by at Sunday, September 28, 2014 in ,,,,,, at Sunday, September 28, 2014

Hailing the SEBI's notification on Real Estate Investment Trusts (REITs), developers and property consultants today said the move is expected to help generate investment for the sector from domestic and global funds.
Industry body CREDAI, however, demanded that government should remove capital gain tax and dividend distribution tax on transactions under REIT to make this instrument attractive. Read More..

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