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    <title>Real Estate Investment Trust and Infrastructure Investment Trust to be Incentivised</title>
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    <description>Proposal to grant tax-efficient pass-through status to Real Estate Investment Trusts (REITs) and to establish Infrastructure Investment Trusts (InvITs) with similar tax treatment, enabling income distribution without trust-level tax. The measure is intended to mobilise fresh equity and long-term domestic and foreign investment, including from non-residents, for PPP and other infrastructure projects while reducing pressure on the banking system.</description>
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      <description>Proposal to grant tax-efficient pass-through status to Real Estate Investment Trusts (REITs) and to establish Infrastructure Investment Trusts (InvITs) with similar tax treatment, enabling income distribution without trust-level tax. The measure is intended to mobilise fresh equity and long-term domestic and foreign investment, including from non-residents, for PPP and other infrastructure projects while reducing pressure on the banking system.</description>
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