Please enable JavaScript.
Coggle requires JavaScript to display documents.
New Economic Terms and Concepts - Coggle Diagram
New Economic Terms and Concepts
Open Credit Enablement Network (OCEN)
newly developed credit protocol infrastructure
for democratisation of credit
developed by
Indian Software Products Industry Round Table (iSPIRT)
mediate interaction btw loan service providers
include all large banks and NBFCs
Account Aggregators
democratizing access to credit
lowering interest rates for customers
consent manager for financial data sharing
new class of NBFC approved by RBI
Real Estate Investment Trust (REIT)
Investment vehicle provide oppor to invest
sponsors entity
Invest in various project
by only invest in units of sponsors entity
offer oppor to own units of commercial RE
Disadvantage
limited growth oppor
performance depends upon RE sectors
Dividends are taxed as usual
Benefits
Investment in REIT (like Direct Equity) through DEMAT acc
Oppor to earn commercial property rental income
REIT regulation
Mandate the distri of 90% of rental income-unit holders
remaining can be used for business purposes
liquidity should ideally not concerned
REIT tax
Investor Income will be added to overall income
Taxed at the applicable rates
Tax deducted at source components
10% for resident investor
40% for non-resident investors
Capital gains tax applicable
based on period of holding
when units holders sell his REIT units
In stock exchange
Adjusted Gross Revenue (AGR)
shifted to revenue sharing model
share percentage of AGR with Govt
Fee-sharing mechanism btw govt and telcos
DoT
charge usage and licensing fee from telecoms operators
SC
2019, Widened the definition of AGR to include Govt view
Include all revenue,
except for termination and roaming charges fees
pending dues of telecos
paid within 10 year period