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...
22 Jul, 2016, 06.11 AM 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
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.
04 Jun, 2015, 11.16 PM IST
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 ...
14 May, 2015, 06.44 AM 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
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...
11 May, 2015, 09.18 PM IST
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.
28 Apr, 2015, 04.02 PM IST
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.
21 Apr, 2015, 11.22 AM IST
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...
28 Feb, 2015, 07.20 PM IST
Is the Benami Bill targeted at corruption and black money futile?Apart from the provision declaring benami transactions illegal, the law also provided for the confiscation of property by the government.
24 Jun, 2012, 01.34 AM IST
- Benami transactions bill introduced in Parliament
The new bill, introduced by finance minister Pranab Mukherjee, will replace the existing Benami Transactions (Prohibition) Act, 1988.
19 Aug, 2011, 05.11 AM IST
- Bill for stricter control over benami transactions
A comprehensive bill to have stricter control over benami transactions was introduced in the Lok Sabha today.
18 Aug, 2011, 01.47 PM IST
- Benami deals in name of wife, kids to be legitimised
Union Cabinet on Thursday approved the replacement of the existing Benami Transactions (Prohibition) Act 1988 with a new law, Benami transa...
22 Jul, 2011, 08.30 AM IST
- New Benami law to allow property in spouse, siblings' name
The Cabinet approved a proposal to bring Benami Transactions (Prohibition) Bill 2011, replacing Benami Transactions (Prohibition) Act, 1988...
21 Jul, 2011, 05.51 PM IST
- Black money: Cabinet approved new act to deal with benami transactions
The government today approved a proposal to bring a new legislation for stricter control over benami transactions.
21 Jul, 2011, 03.38 PM IST