Benami Property

TMS Ep246: Hybrid cars, China's property crisis, RIL AGM, Benami law

Are hybrid cars a better solution for India than EVs? Can China's real estate crisis crash the global economy? RIL's 45th AGM: What should investors expect? What is Benami law? All answers here

Supreme Court termed 'The Benami Act' unconstitutional. What is the 1988 Benami property act? What is the Benami Transaction Amendment Act 2016? Why is it unconstitutional? Read to know everything

Says section 3 of the 2016 amendment Act is unconstitutional

Seek action under black money and benami laws for non-disclosure

Change in financial year for I-T purposes expected amid Covid-19 outbreak

The rules and all the provisions of the new Benami Transactions (Prohibition) Act came into force in November 2016

This could be a precursor to a clampdown on such properties

The state is running a pilot by Swedish startup ChromaWay to put land records on a blockchain in fintech hub Vizag

The information will have to be acute and identity of the informer will be kept secret: CBDT official

Arun Jaitley said, 'People should voluntarily made disclosures and come within the tax net'

Tax authorities prepare power packed action plan as demonetisation ends on Friday

Modi said law against Benami property will be turned into an incisive law to deal with such cases

Modi also defended the frequent changes in rules after demonetisation

The law will make a provision of seven year imprisonment and fine, replacing the three-year jail term, or fine, or both

With many offenders identified from digitsed records, govt will seize real estate and fine the owners of benami properties, or even jail them