Tag: KKR

February 10, 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.