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Monday 10 February 2020

Dividend tax to hit Rs 1.1 lakh crore pipeline, fear InvITs, REITs

REITs and InvITs — which have attracted top global investors like Blackstone, KKR, Singapore’s GIC, CPPIB, Abu Dhabi Investment Authority and Brookfield — are mandated by Sebi to distribute 90% of their cash flows as dividends which significantly increases the tax burden of investors.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2HbXanv

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