Page 3 - Benami Act News Today

Gross tax collections this year are 38 per cent higher when compared with the previous year, Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said on Friday.

Gross tax collections this year are 38 per cent higher when compared with the previous year, Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said on Friday.

Former Deputy Chief Minister of Bihar Sushil Kumar Modi alleged on Thursday that Chief Minister Nitish Kumar wanted action in the IRCTC scam in which his deputy Tejashwi Yadav is charge-sheeted.

On July 27, a bench had upheld the constitutionality of certain provisions of the Act that gave ED its extraordinary powers and made bail difficult

The top court has now struck down both the 1988 jail provision as well as the 2016 amendment that increased the duration in prison

Taneja said it is only because of this Act that over Rs 18,000 cr have been recovered from fugitives like Neerav Modi, Vijay Mallya, and Mahul Chouksi among others.

The Madras High Court declared unconstitutional a provision of the Benami Act which allowed a member of the Indian Legal Service to be appointed as a judicial member in the appellate tribunal.

PM Narendra Modi meets Bill Gates in Glasgow; IT Dept attaches assets worth Rs 1000 Cr linked to Maharashtra Dy CM Ajit Pawar. Read the latest news here.

Daily Times July 16, 2021 The National Assembly Standing Committee on Finance and Revenue on Thursday expressed its concerns over the process of execution of ‘Benami Act’ by the Federal Board of Revenue (FBR) at ground level. The Committee noted that Anti Money Laundering Act’s rules and regulations needed to be reviewed for its effective implementation. The 61st meeting of the National Assembly Standing Committee on Finance and Revenue was held here at Parliament House, under the chairma...

NA panel expresses concerns over Benami Act’s execution FBR chairman says out of 500 cases identified, 55 references launched July 16, 2021 ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue on Thursday expressed its concerns over the process of execution of Benami Act by the Federal Board of Revenue (FBR) at ground level. The committee noted that Anti-Money Laundering Acts rules and regulations needed to be reviewed for its effective implementation. The 61st meeting o...