19-January-2022
Economy News
 
Tax sops likely for InvITs to woo FII and retail investors
14-Jan-2022

The government is mulling tax incentives for investments in infrastructure investment trusts (InvITs) to make them more attractive for both retail and foreign institutional investors, and to give a leg up to funding of big-ticket infra projects in line with the 'Gatishakti' plan. One of the proposals is to tweak the capital gains regime including the rates. InvITs are special trusts created to facilitate participation of individual and institutional investors in infrastructure projects. In return, investors can earn a small portion of the income.

News Source:- https://economictimes.indiatimes.com/news/economy/infrastructure/tax-sops-likely-for-invits-to-woo-fii-and-retail-investors/articleshow/88865719.cms