Top Headlines: Threshold for Benami deals, green bond investors, and more

The Centre may introduce a value threshold for “Ben­ami deals”, beyond which such transactions shall be invalidated and assets involved confiscated. On the other hand, the government is working out means to convince investors in green bonds that the money they put in will not be used for anything else. Read more on these in our top headlines.

Centre likely to set threshold for Benami deals in Budget session

The Centre may introduce a value threshold for “Ben­ami deals”, beyond which such transactions shall be invalidated and assets involved confiscated. The current legislation does not provide for any such cap.