Benami News

Benami case: Firm's assets attached

Benami case: Firm's assets attached

HYDERABAD: Hyderabad Adjudicating Authority & Appellate Tribunal confirmed attachment of properties of Kadapa based Sree Sairam Oil Mills under Benami Property Act. The case is related to demonetisation, where unaccounted cash of the firm was ...

IT dept attaches Lalu family's suspected benami property in Patna

IT dept attaches Lalu family's suspected benami property in Patna

... besides daughters Ragini and Chanda, are no longer directors of the company. "However, notices sent to the company several times were not answered and no other claimant of the property came forward. It suggested the property was a benami holding".

Case against Kota MP over benami assets

Case against Kota MP over benami assets

JAIPUR: Lok Sabha MP from Kota, Om Birla's former private secretary Mahendra Gautam has filed a case at a CBI court in Jaipur accusing the BJP leader of amassing disproportionate income and possessing benami properties worth several crores of rupees.

Sentences Under PCA, PMLA, FERA And Benami Property Law Should Run Consecutively, Not Concurrently: Petition ...

Sentences Under PCA, PMLA, FERA And Benami Property Law Should Run Consecutively, Not Concurrently: Petition ...

The Petition goes on to submit that curbing corruption and money laundering is vital in order to guarantee right to life to the people under Article 21 of the Constitution of India, thereby asserting, “Hence, it is duty of the State to take steps to ...

Rs 900 crore Benami properties attached in Rajasthan in 16 months

Rs 900 crore Benami properties attached in Rajasthan in 16 months

JAIPUR: A total of 201 benami properties including bank accounts worth Rs 921-cr, claimed to be the biggest haul in the country, were attached by the income tax department under Benami Transaction (prohibition) Amendment Act 2016 in Rajasthan till ...

SuMo links Tatas, Sahara to Lalu Prasad's benami property

SuMo links Tatas, Sahara to Lalu Prasad's benami property

The Sahara Corporate Communications sent an email to this newspaper from corpcommlko7@gmail.com, stating the Sahara India Parivar did not have any relation with M/s Sahara Merchandise Pvt. Ltd. It also said the Sahara India Parivar or its any member ...

Mumbai: 'Congress-mukt' India means a country free of crony politics, says Prakash Javadekar

Mumbai: 'Congress-mukt' India means a country free of crony politics, says Prakash Javadekar

To a query on how the Centre was going to check the black money and if any opposition leader from Maharashtra would face the heat, he said the Benami Property Transaction Act is going to be implemented from June onwards. “You will see many leaders of ...and more »

Tejas taunts Modi over benami jab

Tejas taunts Modi over benami jab

Patna: Leader of Opposition Tejashwi Prasad Yadav on Saturday slammed deputy chief minister Sushil Kumar Modi over his allegation that the RJD leader owned another shell company along with his family members. Tejashwi countered Modi soon after the ...and more »

Four years of Narendra Modi: From Jan Dhan Yojana to GST, nine economic policies that defined PM's tenure

Four years of Narendra Modi: From Jan Dhan Yojana to GST, nine economic policies that defined PM's tenure

The 31st month of the Modi government saw a tightening of a law against black money in property. India's long war against unaccounted-for, tax-evaded money has been through what is known as 'benami' transactions through the purchase of property in one ...

Aadhaar must for informers of benami property, tax evasions to claim rewards from IT dept

Aadhaar must for informers of benami property, tax evasions to claim rewards from IT dept

Want to blow the lid off a black money racket and earn a reward for that? Get your Aadhaar card ready as the new Informants Reward Scheme 2018 of the Income Tax Department mandates that it must be provided to ensure the informants get all their dues.