All eyes on Indian budget with Reit reforms to boost ECM
Rechitan Sorin - Fotolia
ECM bankers in India are hoping that the budget announcement for the next fiscal year will include a new tax rules for real estate investment trusts (Reits) and infrastructure investment trusts (InvITs). Market watchers have been in discussions with officials at the Ministry of Finance for the past few months and are optimistic it will respond to their request for a simplified tax regime.
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