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BENAMI TRANSACTION BILL
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...- Government to propose amendment as 'benami' tag for power of attorney may goThe previous government had introduced the Benami Transactions (Prohibition) Bill to replace the 1988 Act, but it lapsed with the dissoluti...
- Government to introduce amendments to Benami Transactions BillThe amendments aim to strengthen the Bill in terms of legal and administrative procedure so as to overcome the practical difficulties which...
- Benami Transactions Amendment bill may pass in monsoon sessionThe bill seeks to amend the definition of benami transactions in the Benami Transactions (Prohibition) Act, 1988, and create an appellate t...
- Parliamentary panel scrutinises bill to check benami deals, black moneyIt was suggested during the meeting that the Income Tax Act could be strengthened to deal with benami transactions in the country.
- Realty players hail Bill to curb benami transactionsYesterday, the Cabinet approved the new Benami Transaction (Prohibition) Bill which aims at curbing the generation of domestic black money.
- Law to deal with benami properties introduced in Lok SabhaGovt introduced a stringent law to deal with benami properties, proposing legislation that provides for confiscation of property and up to ...
- Cabinet okays law on benami transactions to curb black moneyAfter the measure to bring back black money stashed abroad, government today cleared a bill to deal with benami transactions with confiscat...
- Cabinet clears bill to check benami transactions aimed at curbing domestic black moneyApart from confiscation, the Bill provides for prosecution and aims to act as a major avenue for blocking generation and holding of black m...
- Government to soon bring bill to curb benami transactions"As regards the Benami Bill, the redrafted Act is at a very advanced stage... A more modern Benami bill has been drafted. It will reach the...
- New law to enable confiscation of benami properties: Jayant SinhaSinha said there was proposal for amending Depositories Act or inserting a provision in the I-T Act for forfeiture of benami assets.
- Benami definition to go stricter, may include only wife, unmarried daughterIn an effort to tackle black money issues, the government could sharply prune the list of relatives in whose names property can be acquired.
- Changes in Benami Act will block black money in realty: Jayant SinhaThe Budget has proposed a new and comprehensive Benami Transactions (Prohibition) Bill, which is likely to be introduced in Parliament in t...
- Budget 2015: Benami Transaction Bill is a big positive for real estate sector"This budget has taken a first step towards reducing the black money component by introducing the Benami Transaction Bill," Amit Oberoi sai...
- Benami transactions bill introduced in ParliamentThe new bill, introduced by finance minister Pranab Mukherjee, will replace the existing Benami Transactions (Prohibition) Act, 1988.
- Bill for stricter control over benami transactionsA comprehensive bill to have stricter control over benami transactions was introduced in the Lok Sabha today.
- Benami deals in name of wife, kids to be legitimisedUnion Cabinet on Thursday approved the replacement of the existing Benami Transactions (Prohibition) Act 1988 with a new law, Benami transa...
- New Benami law to allow property in spouse, siblings' nameThe Cabinet approved a proposal to bring Benami Transactions (Prohibition) Bill 2011, replacing Benami Transactions (Prohibition) Act, 1988...
- Black money: Cabinet approved new act to deal with benami transactionsThe government today approved a proposal to bring a new legislation for stricter control over benami transactions.
- Govt to consider new law to track benami dealsIn a bid to deal with the menace of black money, the government is likely to consider the possibility of enacting a new law.
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