Vinod Kothari Consultants Private Limited (VKCPL) has a long and intimate association with leasing for over more than 25 years last. We have witnessed the leasing industry undergoing several phases of booms and busts, undercurrents of growth, periods of excessive optimism, periods of regulatory action, and so on.
VKCPL has been on the forefront of leasing as an analyst, consultant, advisor on nearly all issues concerning leasing. Not only have we occupied the position as leading advisor on leasing business, we have also actively lead advocacy efforts on matters that could affect the leasing industry, from time to time. When CBDT had, more than a decade back, proposed new rules for taxation of lease transactions, the undersigned led the
representation on behalf of Academy of Financial Services Private Limited and subsequently the same was dropped. Similarly when CENVAT rules were announced for the first time, there were provisions which could disqualify leased assets for CENVAT Credit. We led advocacy for the same which subsequently led to the amendment of said rules.
Several players in the leasing industry have regarded VKCPL as friend- philosopher-guide over the years.
Indian Economy is re-entering the era of fast growth and leasing industry will not remain aloof of this economic acceleration. We take this endeavour to set forth the volumes of leasing in India, factually what is happening. This is not just a statistical analysis but also gives our prediction with respect to the pockets of growth in the times to come.
To the best of our knowledge, this is the only detailed and analytical compilation on the state of the leasing industry in India.
We earnestly hope that this report is viewed as a value addition by the leasing industry.
Mentioned below are the links of the latest and earlier editions of this report.