Delhi High Court closes all proceedings against Satyendar Jain under Benami ActJain had filed the petition in 2017 and said that these alleged transactions took place between 2011 to March 2016 and therefore the amendm...
10 Oct, 2022, 06.59 PM IST
Proper realty check goes beyond BenamiThe Supreme Court's ruling on Tuesday that the amended 2016 law prohibiting benami property transactions cannot be applied retrospectively ...
24 Aug, 2022, 11.15 PM IST
Supreme Court strikes down provision of 1988 Benami lawThe verdict came on the appeal of the Centre challenging the Calcutta High Court judgement in which it was held that the amendment made in ...
24 Aug, 2022, 01.16 PM IST
SC ruling on retro effect of Benami Law keenly awaitedA plethora of transactions like cash transfers, property deals, and share issuances have come under the lens with the invocation of the Ben...
05 May, 2022, 12.58 PM IST
FM urged to equalise tax benefits for govt and non-govt employees in Budget 2020The Income-tax Act, 1961 differentiates between a government employee and non-government employee. However, this should not be the case. Th...
17 Jan, 2020, 04.56 PM IST
How Benami law changes impact both old and new property buyersBenami Property can be in any form, i.e., immoveable, movable. Intangible, tangible, corporeal, incorporeal, property in converted form and...
23 Feb, 2019, 10.57 AM IST
Be an informer to income tax department, earn up to Rs 5 croreThis reward scheme is aimed at encouraging people to give info about benami transactions and properties as well as income earned on such pr...
01 Jun, 2018, 04.47 PM IST
Rs 900 crore Benami properties attached in Rajasthan in 16 monthsSo far, 176 benami properties and 25 bank accounts were attached till March after the amended Benami Transaction (prohibition) Amendment Ac...
09 May, 2018, 11.09 AM IST
Benami properties worth over Rs 800 crore attached: CentreProvisional attachment of properties under the Act has been done in more than 230 cases," Santosh Kumar Gangwar said.
26 Jul, 2017, 08.52 PM IST
Notices issued in 140 cases of benami properties worth Rs 200 croreShow cause notices for provisional attachment of benami properties have been issued in 140 cases involving properties of the value of about...
11 Apr, 2017, 05.57 PM IST
Benami Property Act to be effective from Nov 1With a view to curb the menace of black money, Parliament in August had passed the Benami Transactions (Prohibition) Act, after assurance f...
28 Oct, 2016, 05.56 PM IST
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...
20 Jul, 2016, 11.01 PM IST
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...
10 Jul, 2016, 08.47 PM IST
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...
13 May, 2015, 06.35 PM IST
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...
13 May, 2015, 02.12 PM IST
- A Property in husband's name would be Benami no more
Women will be able to acquire assets in name of their husbands without running the risk of the property being declared benami.
26 May, 2011, 12.30 PM IST
- Beware of Benami property
The govt can soon acquire & auction benami properties & property deeds must be verified by CAs.
29 May, 2007, 01.17 AM IST