Tag Archives: Benami Transaction
Beware! Benami Property Transactions Can Land You In Jail For 7 Years
Sticking to its poll promise of curbing black money, the NDA government has ensured smooth passage for the Benami Transactions (Prohibition) Amendment Bill, 2015 in both the houses of parliament and has been notified. Benami, literally means ‘nameless’ or ‘without a name’. Here are 3 points to remember how the law will qualify a Benami
