The Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...

Notices under Benami Transactions (Prohibition) Amendment Act, 2016, have been sent to insurance agents. They have\ been told to share info...

Even if a benami transaction had happened long before November 2016, when the new, amended statute came into force, the parties would face ...

A plethora of transactions like cash transfers, property deals, and share issuances have come under the lens with the invocation of the Ben...

The central government has notified Sessions courts in 34 states and UTs which will act as special courts for offences under the benami tra...

In case of National Capital Territory of Delhi, Courts of Additional Sessions Judge 02 in each district have been designated as special cou...

Notices have been sent to about 10,000 depositors under benami law, more people to get similar missives.

Provisional attachment of properties under the Act has been done in more than 230 cases," Santosh Kumar Gangwar said.

Benami property "may be attached and confiscated by the government" and these actions are in "addition to actions under other laws such as ...

The amendment allows the government to confiscate properties or assets held in another person’s name or fictitious names to evade tax and h...

In a series of tweets, the government described as "myth" a rumour that the Prime Minister will again address the nation to declare Rs 50/1...

The Benami Transactions (Prohibition) Amendment Bill, 2015 was introduced in Lok Sabha on May 13, last year by Finance Minister Arun Jaitle...

Apart from confiscation, the Bill provides for prosecution and aims to act as a major avenue for blocking generation and holding of black m...

Moreover, a single law is unlikely to check either speculative real estate transactions or real estate price bubbles.

The Cabinet approved a proposal to bring Benami Transactions (Prohibition) Bill 2011, replacing Benami Transactions (Prohibition) Act, 1988...

Women will be able to acquire assets in name of their husbands without running the risk of the property being declared benami.

Aiming to clamp down on benami transactions, the government is set to give more teeth to the Benami Transactions (Prohibition) Act, 1988.