29 Jan 2019
Bollywood actor Shah Rukh Khan has been absolved of the charge of being a beneficiary of a benami property in Alibaug, Maharashtra.
29 Jun 2018
Showing an extreme reverse trend, money held by Indians in Swiss banks increased a whopping 50.2% to Rs. 7,000cr in 2017, putting into doubt impact of the government's fight against black money.
26 Jun 2018
Since enacting stringent laws on benami properties in November'16, the Income Tax (I-T) department has attached more than 1,500 such assets collectively worth Rs. 4,300cr.
02 Jun 2018
The Income Tax Department has announced three reward schemes under which anyone providing information to the department about the unaccounted wealth of Indians can win a reward of up to Rs. 5cr.
06 Apr 2018
The I-T Department is working on new rules to encourage people to provide information on tax evasion and benami transactions.
30 Jan 2018
I-T has provisionally attached Shah Rukh Khan's Deja Vu Farms Pvt Ltd at Alibaug under the Prohibition of Benami Property Transactions Act (PBPT).
23 Sep 2017
Starting October-November, you could get a reward of up to Rs. 1cr for informing authorities about benami properties.
30 Aug 2017
Yesterday, Lalu Prasad Yadav's family members were grilled by the Income Tax department in the benami properties and disproportionate assets case.
08 Jul 2017
The Enforcement Directorate (ED) on Saturday conducted raids at Lalu Prasad's daughter Misa Bharti's farmhouse in Delhi with regard to an alleged money laundering case.
07 Jul 2017
On 7th July, the CBI raided at least 12 premises of RJD chief Lalu Yadav in a case related to illegal leasing of land. The searches began early morning.
20 Jun 2017
The IT department has attached 12 plots belonging to Lalu Prasad's daughter Misa Bharti, her husband Shailesh, sisters Chanda and Ragini and more members of the Yadav family.
06 Jun 2017
The I-T department has issued fresh summons for June 12 to MP Misa Bharti, daughter of RJD chief Lalu Prasad Yadav, over benami land deals worth Rs. 1,000cr and on tax evasion charges.
25 May 2017
The Income Tax Department stated that it had unearthed 400 benami deals and has attached Rs. 600 crore worth of properties in regards to the deals.
25 May 2017
Misa Bharti, the daughter of Lalu Prasad Yadav and her husband Shailesh Kumar have been summoned before the I-T department's investigating officer who is looking into the Rs. 1000 crore benami deals of the Yadavs.
17 May 2017
Rashtriya Janata Dal and Bharatiya Janata Party workers clashed outside the BJP office in Patna, in light of the recent raids by the I-T department on alleged benami properties tied to RJD chief Lalu Prasad Yadav.
17 May 2017
RJD chief Lalu Prasad accused the Centre of a political witch-hunt after CBI conducted raids at 22 locations in Delhi-NCR over property deals worth Rs. 1,000cr allegedly linked to his family.
16 May 2017
The I-T department conducted raids and surveys at 22 locations in Delhi and NCR, saying they were looking into alleged benami deals involving RJD chief Lalu Prasad Yadav, worth over Rs. 1000 crore.
08 May 2017
The government has stated that soon, benami properties in the country may be converted in to office spaces or residences. It is said to be a part of PM Modi's crackdown on corruption and black-money.
03 Mar 2017
The Income Tax department stated that individuals found violating the Benami Transactions Act would invite 7 years of rigorous imprisonment.
31 Jan 2017
According to the Benami Transactions Amendment Act 2016, individuals are prohibited from buying property in the name of family members, unless they are joint-holders of the property. Only property bought for spouse or children are exempt from this clause.
27 Dec 2016
In light of PM Modi's vow to go after "Benami Properties", experts said if the new law was implemented effectively, it would bring transparency to real estate sector.