<h1>Government Proposes Tax Incentives for REITs and InvITs to Boost Investment and Alleviate Banking Pressure.</h1> The government has proposed tax incentives for Real Estate Investment Trusts (REITs) to facilitate investment pooling, as announced by the Finance Minister during the Budget Speech. A similar structure, Infrastructure Investment Trusts (InvITs), is introduced for infrastructure projects, offering tax-efficient pass-through status. These initiatives aim to alleviate banking system pressure and attract long-term financing from both foreign and domestic sources, including Non-Resident Indians (NRIs). The Finance Minister expressed confidence in these instruments' potential to draw substantial investment.