Benami Deposits
- All
- News
- Videos
-
In War Against Black Money, Tax Officials Seized 900 Benami Properties
More than 900 properties including plot of land, buildings and bank deposits worth Rs 3,500 crores have been seized as part of the crackdown on benami properties declared by Prime Minister Narendra Modi in 2016.
-
Aadhaar-Saving Schemes Linking: Government Extends Deadline
The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and black money.
-
Aadhaar Linking Deadlines That You Must Know
The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and black money.
-
Why You Need To Remember December 31, 2017 And February 6, 2018
The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and black money.
-
'Come Clean' Says Taxman To Black Money Holders As March Deadline Looms
The tax and penalty against those who hide their black money could go as high as 137 per cent of the cash deposits made, a senior officer at the Income Tax department said.
-
Income Tax Department Begins Action Under Benami Act; Issues 87 Notices
Initiating a stringent action against black money holders post notes ban, the Income Tax department on Monday said it has issued 87 notices and attached bank deposits worth crores in 42 cases nationwide under the newly enforced Benami Transactions Act which attracts a heavy penalty and rigorous jail term of a maximum 7 years.
-
Income Tax Department Issues 87 Notices Under Benami Act
The I-T department had earlier warned people against depositing their unaccounted old currency in someone else's bank account saying such an act would attract criminal charges under the Benami Property Transactions Act, 1988.
-
Opinion: No Immunity From Benami Act On Deposits Under PMGKY Scheme
It is advisable that people should not resort to such a practice of declaring benami deposits under PMGKY as such declarations do not enjoy any immunity from the Benami Act, writes Mr Bhargava.
-
Withdrawal From Jan Dhan Accounts Capped At Rs 10,000 Per Month
The government suspects that black money hoarders are using the farmers and other people's Jan Dhan accounts to deposit their ill-gotten money.
-
Strict Laws To Be Used To Deal With 'Benami' Transactions: PM Modi
With Jan Dhan accounts witnessing a surge in deposits, Prime Minister Narendra Modi issued a warning to those using poor people to park their illegal money, saying the strict 'benami' law would be implemented against such transactions.
-
PM Narendra Modi Warns Unscrupulous Elements Not To Misuse The Poor
Prime Minister Narendra Modi today warned unscrupulous elements not to play with the lives of the poor by depositing illegal money into their accounts as stringent law against 'benami' transactions were in place to deal with them, as he asked the youth and other sections to move towards a "cashless society".
-
Unaccounted Deposits In Old Notes To Attract 50 Per Cent Tax, 4 Years Lock-In
The cabinet has cleared new amendments to existing laws to charge a minimum 50 per cent tax on unexplained bank deposits made using banned 500 and 1,000 rupee notes up to December 30. It will be introduced in parliament next week.
-
Unaccounted For Bank Deposits May Attract 60% Tax: Sources
Sources said the government is keen to root out benami deposits, particularly in Jan Dhan accounts.
-
Depositing Someone Else's Money In Your Bank Account? Beware Of New Law
This warning comes in the wake of reports that some people are "renting" someone else's bank accounts to deposit their banned notes for dodging tax authorities.
-
7-Year Jail For Illegal Cash Deposits, Tax Department Warns Violators
The tax department has decided to slap charges under the newly enforced Benami Transactions Act against violators that carries a penalty, prosecution and rigorous jail term of a maximum seven years.
-
In War Against Black Money, Tax Officials Seized 900 Benami Properties
More than 900 properties including plot of land, buildings and bank deposits worth Rs 3,500 crores have been seized as part of the crackdown on benami properties declared by Prime Minister Narendra Modi in 2016.
-
Aadhaar-Saving Schemes Linking: Government Extends Deadline
The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and black money.
-
Aadhaar Linking Deadlines That You Must Know
The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and black money.
-
Why You Need To Remember December 31, 2017 And February 6, 2018
The government has insisted on quoting Aadhaar for bank deposits, obtaining mobile phone and several other utilities to weed out benami deals and black money.
-
'Come Clean' Says Taxman To Black Money Holders As March Deadline Looms
The tax and penalty against those who hide their black money could go as high as 137 per cent of the cash deposits made, a senior officer at the Income Tax department said.
-
Income Tax Department Begins Action Under Benami Act; Issues 87 Notices
Initiating a stringent action against black money holders post notes ban, the Income Tax department on Monday said it has issued 87 notices and attached bank deposits worth crores in 42 cases nationwide under the newly enforced Benami Transactions Act which attracts a heavy penalty and rigorous jail term of a maximum 7 years.
-
Income Tax Department Issues 87 Notices Under Benami Act
The I-T department had earlier warned people against depositing their unaccounted old currency in someone else's bank account saying such an act would attract criminal charges under the Benami Property Transactions Act, 1988.
-
Opinion: No Immunity From Benami Act On Deposits Under PMGKY Scheme
It is advisable that people should not resort to such a practice of declaring benami deposits under PMGKY as such declarations do not enjoy any immunity from the Benami Act, writes Mr Bhargava.
-
Withdrawal From Jan Dhan Accounts Capped At Rs 10,000 Per Month
The government suspects that black money hoarders are using the farmers and other people's Jan Dhan accounts to deposit their ill-gotten money.
-
Strict Laws To Be Used To Deal With 'Benami' Transactions: PM Modi
With Jan Dhan accounts witnessing a surge in deposits, Prime Minister Narendra Modi issued a warning to those using poor people to park their illegal money, saying the strict 'benami' law would be implemented against such transactions.
-
PM Narendra Modi Warns Unscrupulous Elements Not To Misuse The Poor
Prime Minister Narendra Modi today warned unscrupulous elements not to play with the lives of the poor by depositing illegal money into their accounts as stringent law against 'benami' transactions were in place to deal with them, as he asked the youth and other sections to move towards a "cashless society".
-
Unaccounted Deposits In Old Notes To Attract 50 Per Cent Tax, 4 Years Lock-In
The cabinet has cleared new amendments to existing laws to charge a minimum 50 per cent tax on unexplained bank deposits made using banned 500 and 1,000 rupee notes up to December 30. It will be introduced in parliament next week.
-
Unaccounted For Bank Deposits May Attract 60% Tax: Sources
Sources said the government is keen to root out benami deposits, particularly in Jan Dhan accounts.
-
Depositing Someone Else's Money In Your Bank Account? Beware Of New Law
This warning comes in the wake of reports that some people are "renting" someone else's bank accounts to deposit their banned notes for dodging tax authorities.
-
7-Year Jail For Illegal Cash Deposits, Tax Department Warns Violators
The tax department has decided to slap charges under the newly enforced Benami Transactions Act against violators that carries a penalty, prosecution and rigorous jail term of a maximum seven years.
