Problems and Prospects of Leasing Industry in India

Brahmaiah B

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: This paper focuses mainly on the growth, problems and prospects of leasing industry in India. It starts with the definition and classification of leasing. The major problem areas identified include resource crunch, income and sales tax, rigid procedure for import leasing, lack of accounting standards and legislative constraints. Finally, the paper concludes that the prospects of leasing are high because of the high potential in market and expected healthy growth of the leasing industry.

Date: 1989-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp00887

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