benami transactions

New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department

June 1, 2018 by admin Leave a Comment

Ministry of Finance New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department To get people's participation in the Income Tax Department's efforts to unearth black money and to reduce tax evasion Posted On: 01 JUN 2018 It was found in many cases that black money was invested in properties in the names of others, even though benefits … [Read more...] about New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department

Benami Transactions (Prohibition) Amended Act, 2016

March 25, 2017 by admin Leave a Comment

Benami Transactions (Prohibition) Amended Act, 2016 Though the Benami Transactions (Prohibition) Act, 1988 has been on the statute book since more than 28 years, the same could not be made operational because of certain inherent defects. With a view to providing effective regime for prohibition of benami transactions, the said Act was amended through the Benami Transactions … [Read more...] about Benami Transactions (Prohibition) Amended Act, 2016

Cabinet clears bill to check benami transactions

May 13, 2015 by admin Leave a Comment

Cabinet clears bill to check benami transactions New Delhi: The Cabinet today approved the new Benami Transaction (Prohibition) Bill which aims at curbing the generation of domestic black money. “The Union Cabinet has approved the new Benami Transaction (Prohibition) Bill to curb generation of black money,” said a source after the Cabinet meeting here. Apart from … [Read more...] about Cabinet clears bill to check benami transactions

Government to soon bring bill to curb benami transactions

May 12, 2015 by admin Leave a Comment

Government to soon bring bill to curb benami transactions New Delhi: A new Benami bill, aimed at curbing generation of domestic black money, will soon be brought before the Cabinet, government told the Lok Sabha today. “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 … [Read more...] about Government to soon bring bill to curb benami transactions

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New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department