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FICCI suggests taxation of real estate investment trusts income on lines of mutual funds

thaindian.com » 2008 » February » 5th » FICCI suggests taxation of real estate investment trusts income on lines of mutual funds

Tagged: business, real estate investment, reits, stamp duty, reit, capital gains tax, housing development, union finance minister

New Delhi, Feb 5 (ANI): The Federation of Indian Chambers of Commerce and Industry has advocated for taxation of real estate investment trusts (REITS) income on the lines of mutual funds and permission to investment in housing development activities. The group has also come out in favour of exemption of capital gains tax on the sale of assets of REITS and VAT ability of stamp duty payable by a … Continue Reading »

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