It is 6.44%. Always, factor in the 4% health and education surcharge that is ominpresent.
PS – Lot of times, people confuse onhand absolute amount return from REIT and compare with post tax of other instruments. Getting 6.44% return post tax is equivalent to getting, 9.36% FD like return (30% tax bracket, which means 31.2% total tax and 9.36%X(100-31.2%)=6.44). I am not saying that the risks is these 2 instruments in directly comparable. There is always a chance of capital appreciation/loss in REIT (plus distribution breakup may change and the amount of distribution may not remain constant) and of course, any exit will bring in new complex calculations in Tax, that came in post the watering down in Finance bill
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