Niti Aayog suggests tax incentives for investment in InvITs

"More tax-efficient and user-friendly mechanisms like allowing tax benefits in Infrastructure Investment Trust (InvITs) as eligible security to invest under Section 54EC of the Income-Tax Act, 1961, are important starting points for initiating retail participation in the instruments," the Aayog has recommended.

from Economy-News-Economic Times https://ift.tt/3zwVyyh