{"id":128,"date":"2016-02-29T17:21:10","date_gmt":"2016-02-29T11:51:10","guid":{"rendered":"http:\/\/www.propstack.com\/news\/?p=128"},"modified":"2016-02-29T17:21:59","modified_gmt":"2016-02-29T11:51:59","slug":"budget-removes-ddt-from-reits-income-in-india","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/budget-removes-ddt-from-reits-income-in-india\/","title":{"rendered":"Budget removes DDT from REITs income in India"},"content":{"rendered":"<p>Real Estate Investment Trusts (REITs) are likely to become a reality in India soon, with the removal of Dividend Distribution Tax. This move is expected to offer commercial developers a liquidity option and retail investors an opportunity to participate in office realty market&#8217;s growth. As of now, the dividend distribution tax (DDT) was chargeable at 15% for REITs. Though it removes a major road block and making these investments attractive for investors but\u00a0this decision needs to be viewed from a long term perspective and after evaluation of \u00a0other aspects of REIT structure.<\/p>\n<p>Read more: <a href=\"http:\/\/realty.economictimes.indiatimes.com\/news\/commercial\/budget-clears-ddt-hurdle-in-making-reits-reality-in-india\/51193719\">Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real Estate Investment Trusts (REITs) are likely to become a reality in India soon, with the removal of Dividend Distribution Tax. This move is expected to offer commercial developers a liquidity option and retail investors an opportunity to participate in office realty market&#8217;s growth. As of now, the dividend distribution tax (DDT) was chargeable at\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/budget-removes-ddt-from-reits-income-in-india\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,14],"tags":[111,110],"class_list":["post-128","post","type-post","status-publish","format-standard","hentry","category-city","category-others","category-policy","tag-budget-2016-17","tag-reits"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=128"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/128\/revisions"}],"predecessor-version":[{"id":129,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/128\/revisions\/129"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}