India to relax rules for infrastructure investment trusts

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India to relax rules for infrastructure investment trusts

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Rechitan Sorin - Fotolia

Infrastructure investment trusts (InvITs) have failed to gain any sort of traction in India since their introduction last year to reduce the funding pressure on infrastructure projects. Several tax and structural issues impeded the progress of the asset class, but things could soon improve if the government implements recommendations from a new consultation paper.

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