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Home»Tag: Benami

Tag Archives : Benami

Benami Act: finding real names behind nameless real estate
Real Estate

Benami Act: finding real names behind nameless real estate

Saheli 18 Aug 2016 287 Views

This month, the Benami Transactions (Prohibition) Amendment Act, 2016 was notified. It intends to route unaccounted money into the financial system, and seize benami properties while prosecuting those involved with such properties. Its objective are: amending the definition of benami transactions, establishing adjudicating authorities and setting up an appellate tribunal ... Read More »

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