Benami Transactions

Benami hunt: Why Narendra Modi govt's latest move could spring a surprise on detractors of demonetisation

Action under the benami law for deposit of demonetised notes disabuses the naïve notion that all bank deposits automatically become sanitised and legit

Unlisted cos may soon be asked to keep shares in demat form to curb benami transactions

The corporate affairs ministry, which is implementing the Companies Act, is working on the contours of the plan whereby unlisted firms have to keep their shares in dematerialised (demat) or electronic form

Amarinder Singh accepts Gurjit Singh's resignation; Punjab minister allegedly obtained sand mining contracts illegally

Amarinder Singh accepted the resignation of cabinet minister Rana Gurjit Singh, who had come under fire for his alleged involvement in sand mining auctions.

Sushil Modi claims ED, CBI have 'strong evidence' against Lalu Prasad Yadav, family of benami transactions

Sushil Kumar Modi claimed ED, CBI and the Income Tax department had "strong evidence" of benami transactions against Lalu Prasad Yadav and his family members and "they will not only face charge sheet but also be sent to jail and awarded punishment"

Linking Aadhaar to real estate deals: Why it is need of the hour to bring benami transactions to light

Immovable properties remain impervious to Aadhaar scrutiny which is why the Urban Development Minister has mooted this suggestion

Rs 200 notes: To kill illegal cash deals, make it the top denomination; scrap 500 and 2,000 bills

Cash-based illegal transactions happen mostly using high value currencies. Bringing down the value of units in circulation is the only way to address this problem

BJP welcomes CBI raids at Lalu Prasad's residence, says Nitish Kumar should end alliance with RJD

The BJP has welcomed CBI raids on Lalu Prasad's residence over a fresh case of alleged irregularities in awarding tender for the maintenance of hotels

Income tax dept unearths 400 benami deals, attaches Rs 600-cr properties

Immovable properties have been attached in 40 cases with total value of more than Rs 530 crore in Kolkata, Mumbai, Delhi, Gujarat, Rajasthan and Madhya Pradesh

Govt forms task force against shell companies, vows to take'harsh punitive' action

There are about 15 lakh registered companies in India and only 6 lakh companies file their annual return. This means a large number of these companies may be indulging in financial irregularities," a PMO statement said.

Demonetisation and black money: PM Modi must first account for BJP’s poll funds

There is none better other than PM Modi and the ruling political party, the BJP, to initiate the process by disclosing own funding sources