Benami Property

BSP leader Yakub's benami property worth Rs 31 cr seized under Gangster Act

The district administration here on Monday seized benami property of Bahujan Samaj Party (BSP) leader and two-time MLA Yakub Qureshi worth Rs 31 crore under the Gangster Act, officials said. The seized properties include a hospital building at Bhavani Nagar in Nauchandi and two luxury cars that Qureshi had allegedly purchased in the name of his family members and employees, they said. Three plots in Shastri Nagar measuring 3,265.35 square metres, 288 square metres and 213.60 square metres have also been seized. Senior Superintendent of Police Rohit Singh Sajwan said that in compliance with the order given by the court of District Magistrate under the The Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act, benami property of former minister Yakub Qureshi with an estimated value of Rs 31 crore has been seized. Sajwan said that on March 31, 2022, police conducted a raid in a meat factory belonging to Qureshi in Meerut, and had detected the packing of illegally procure

TMS Ep246: Hybrid cars, China's property crisis, RIL AGM, Benami law

Are hybrid cars a better solution for India than EVs? Can China's real estate crisis crash the global economy? RIL's 45th AGM: What should investors expect? What is Benami law? All answers here

What is 1988 Benami Property Act and Benami Transaction Amendment Act 2016

Supreme Court termed 'The Benami Act' unconstitutional. What is the 1988 Benami property act? What is the Benami Transaction Amendment Act 2016? Why is it unconstitutional? Read to know everything

Supreme Court rules that benami law cannot be applied retrospectively

Says section 3 of the 2016 amendment Act is unconstitutional

Crackdown on tax evaders: I-T notices to holders of foreign assets

Seek action under black money and benami laws for non-disclosure

Covid-19 impact: Govt may extend Mar 31 deadline for paying income-taxes

Change in financial year for I-T purposes expected amid Covid-19 outbreak

Govt to set up adjudicating authority for speedy disposal of benami cases

The rules and all the provisions of the new Benami Transactions (Prohibition) Act came into force in November 2016

Income-tax department's Benami advertisement leave property owners jittery

This could be a precursor to a clampdown on such properties

Andhra's pilot shows the world how to put land records on blockchain

The state is running a pilot by Swedish startup ChromaWay to put land records on a blockchain in fintech hub Vizag

Soon, govt may give up to Rs 1-cr cash reward for benami property tip-offs

The information will have to be acute and identity of the informer will be kept secret: CBDT official

Benami property: Aadhaar-PAN link opposed in name of privacy, says Jaitley

Arun Jaitley said, 'People should voluntarily made disclosures and come within the tax net'

Benami property transactions on I-T radar

Tax authorities prepare power packed action plan as demonetisation ends on Friday

Will do whatever required to make Benami law more effective: Govt

Modi said law against Benami property will be turned into an incisive law to deal with such cases

Law against 'benami' properties to be implemented soon, promises Modi

Modi also defended the frequent changes in rules after demonetisation

What is Benami Property? All your questions answered

The law will make a provision of seven year imprisonment and fine, replacing the three-year jail term, or fine, or both

Here's how PM Modi plans to hunt down benami property holders

With many offenders identified from digitsed records, govt will seize real estate and fine the owners of benami properties, or even jail them