“Taxing dividends in the hands of the investor may have a marginal long-term impact on REIT and InVIT valuations. No significant incentives for infrastructure and real estate is a disappointment. Outlay for rural and Agri sectors are less than expectations. Budget reflects the constraints of the sluggish economy within which FM has had to operate.”

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This entry is part 14 of 21 in the series March 2020 - Insurance Times

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