https://www.taxtmi.com/article/detailed?id=5165 Statutory rent regimes and tax burdens produce nominal rental yields that fail to track inflation or market appreciation. The West Bengal Premises Tenancy Act fixes fair rent by reference to historical construction cost and capped multipliers for old tenancies, with modest periodic increases, permitting tenant delay and judicial lag. Combined with municipal valuation multipliers, taxation of vacant valuations and service tax impositions, these measures erode landlords' net returns and rely on capital appreciation, not rental income, to sustain property investment. en-us Fri, 21 Jun 2013 15:43:08 +0530 Fri, 21 Jun 2013 15:43:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5165 Statutory rent regimes and tax burdens produce nominal rental yields that fail to track inflation or market appreciation. The West Bengal Premises Tenancy Act fixes fair rent by reference to historical construction cost and capped multipliers for old tenancies, with modest periodic increases, permitting tenant delay and judicial lag. Combined with municipal valuation multipliers, taxation of vacant valuations and service tax impositions, these measures erode landlords' net returns and rely on capital appreciation, not rental income, to sustain property investment. Articles Other Topics Fri, 21 Jun 2013 15:43:08 +0530 https://www.taxtmi.com/article/detailed?id=5165