Académique Documents
Professionnel Documents
Culture Documents
can buy units in the trust. REITs are structured as trusts. Thus, the assets
of an REIT are held by an independent trustee on behalf of unit holders.
Tax and other issues:
Short-term capital gain tax is applicable for unit holders at the rate of
15%. While interest is tax-exempt for REITs, it is taxable for unit holders.
The registration charges for every purchase and sale of property is still
applicable.
Sources: The hindu.
The SCO has established relations with the United Nations, where it
is an observer in the General Assembly, the European Union,
Association of Southeast Asian Nations (ASEAN), the Commonwealth
of Independent States and the Organisation of Islamic Cooperation.
India and Pakistan were accepted as full members of the
organization in July 2015.
Afghanistan, Belarus, Iran and Mongolia enjoy observer status.
Sources: the hindu.