Benami Transactions
Delhi HC seeks RBI response on implementation of Uniform Banking Code
Court also asks Centre to file a reply in the case in six weeks; next hearing on March 20
 "Delhi HC seeks RBI response on implementation of Uniform Banking Code")
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
 "Top Headlines: Threshold for Benami deals, green bond investors, and more")
Centre likely to set threshold for Benami deals in Budget session
According to the official data, as of May 31, 2019, show-cause notices were issued in more than 2,100 cases involving benami properties , valued at over Rs 9,600 crore
 "Centre likely to set threshold for Benami deals in Budget session")
Transactions in Indian retail sector up 160% in H1 of CY2022: CBRE study
Pent-up demand from customers post-pandemic for immersive engagement and convenient in-store experiences has driven productivity at retail spaces, says report
 "Transactions in Indian retail sector up 160% in H1 of CY2022: CBRE study")
What is the Benami law in India?
The Supreme Court recently struck down a provision of the Benami Transactions (Prohibition) Act 1988 as unconstitutional. It entailed punishment for any 'Benami' transaction. Here's more about the law
 "What is the Benami law in India?")
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
 "What is 1988 Benami Property Act and Benami Transaction Amendment Act 2016")
Supreme Court rules that benami law cannot be applied retrospectively
Says section 3 of the 2016 amendment Act is unconstitutional
 "Supreme Court rules that benami law cannot be applied retrospectively")
Crackdown on tax evaders: I-T notices to holders of foreign assets
Seek action under black money and benami laws for non-disclosure
 "Crackdown on tax evaders: I-T notices to holders of foreign assets")
Govt mandates companies to disclose investments in cryptocurrencies
Govt asks companies to also reveal CSR spend, benami property transactions from FY22
 "Govt mandates companies to disclose investments in cryptocurrencies")
PIL in SC to help improve India's ranking on Corruption Perception Index
The plea has also sought a direction to the Law Commission to suggest steps to remove the menace of corruption, black money generation and 'benami' transaction
 "PIL in SC to help improve India's ranking on Corruption Perception Index")
Govt to set up adjudicating authority for speedy disposal of benami cases
As per an official release, the Adjudicating Authority and Appellate Tribunal will be based in the National Capital Territory of Delhi
I-T cracks down on benami assets: Dept attaches 900 properties in 1 year
In 5 cases, provisional attachments of benami properties totalling Rs 1,500 mn have been confirmed
 "I-T cracks down on benami assets: Dept attaches 900 properties in 1 year")
Keep away from benami transactions or face action, warns I-T dept
Titled 'Keep Away from Benami Transactions', the taxman's ad described black money as a 'crime against humanity'
 "Keep away from benami transactions or face action, warns I-T dept")
Tax sleuths may invoke Benami Act while probing unexplained cash deposits
By the beginning of November, the I-T department had attached benami assets worth Rs 1,833 crore
 "Tax sleuths may invoke Benami Act while probing unexplained cash deposits")
