Wednesday, February 6, 2008

REITs may have to brace for some complex rules

The wish list of the real estate sector for the Budget should not include tax cuts or introduction of tax incentives, says Mr Abhishek Goenka, Partner, BMR & Associates, Bangalore. “All that the industry should call for is a stable policy,” he adds, in the course of a recent e-mail interaction with Business Line.

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