Ministry of Finance New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax Department To get people’s participation in the Income Tax Department’s efforts to unearth black money and to reduce tax evasion Posted On: 01 JUN 2018 1:13PM by PIB Delhi It was found in many cases that black money was… Read More »
Benami Transactions Across the Country The Government of India has taken several steps to address the problem of benami transactions across the country. (i) The Benami Transactions (Prohibition) Act, 1988 (the Act) was comprehensively amended through the Benami Transactions (Prohibition) Amended Act, 2016 to provide for an effective regime for prohibition of benami transactions. The… Read More »
Bills relating to Afforestation Fund, Prevention of corruption, Benami transactions, Whistle Blowers Protection on the agenda for second week of Monsoon session of Parliament Five Bills passed during first week of Monsoon session ; Government lines up four more Bills Following the productive first week of the current Monsoon session of Parliament during when five… Read More »