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Tag: Benami Transactions Act

Home ยป Benami Transactions Act

Property Trends
By Surbhi GuptaJanuary 12, 2024

Budget 2021: Industry welcomes expansionary budget, hails pragmatic approach

The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharamanโ€™s third Budget speech tackled … READ FULL STORY

Property Trends
By Kishor PateFebruary 26, 2020

Investment tips: How to buy a home that delivers long-term ROI

With the Real Estate (Regulation and Development) Act (RERA) coming into force, as well as various other policy initiatives such as the Benami Transactions Act and the governmentโ€™s push to affordable housing, we are … READ FULL STORY

Property Trends
By Housing News DeskJuly 19, 2018

India sees job-growth slowdown in the real estate sector: Report

According to data from job site Indeed, the real estate sector in India has seen a drop in the number of job postings, by eight per cent from May 2017 to May 2018, in … READ FULL STORY

Property Trends
By Ravi SinhaMay 2, 2018

RERA fails to change ground realities, say home buyers

A pan-India survey by Track2Realty Brand X Report 2017-18, finds that a large number of Indians are not convinced with reforms like the Real Estate (Regulation and Development) Act (RERA), demonetisation, the Goods and … READ FULL STORY

NRI
By Anuradha RamamirthamJanuary 31, 2018

Indian real estate: An insurance against uncertain foreign markets for NRIs?

With more than 6,50,000 Indians working and staying in Qatar, the non-resident Indians (NRIs) there are in a tight spot, after its neighbouring countries, including Saudi Arabia, Bahrain, Egypt and the United Arab Emirates, … READ FULL STORY

Current News
By PTINovember 15, 2017

Benami assets: Tax department scanning properties, with registered value over Rs 30 lakhs

The Income Tax (I-T) Department is matching the tax profiles of all property registrations of above Rs 30 lakhs, under the provisions of the anti-Benami Act, as action against illicit asset holders is set … READ FULL STORY

Current News
By PTIOctober 12, 2017

Will new benami law be given retrospective effect? HC asks tax department

The Delhi High Court, on October 11, 2017, asked the Income Tax (I-T) Department whether it intended to examine, under the new benami law, all accommodation entries made prior to 2016 when it came … READ FULL STORY

Locality Trends
By Amit SethiDecember 21, 2020

Gurugram circle rates: How will the reduction impact the property market

Over the last one year, property rates have witnessed dramatic fluctuations, due to reasons like the demonetisation drive and the introduction of laws like the Real Estate (Regulation and Development) Act (RERA), the Goods … READ FULL STORY

Property Trends
By Pooja BhatiaMarch 19, 2017

Is this a good time to invest in real estate stocks?

People usually buy real estate stock, as they consider it to be a safe investment. They know that it is a key sector which goes through many temporary and cyclical phases. As per the … READ FULL STORY

Current News
By PTIFebruary 23, 2017

Benami assets: I-T books 230 cases, attaches assets worth Rs 55 crores

A total of 235 cases and instances have been registered under the Benami Transactions Act, by the Income Tax (I-T) department till mid-February, according to a report. โ€œShow-cause notices for attachment have been issued … READ FULL STORY

Current News
By Purnima Goswami SharmaJanuary 24, 2018

Budget 2017: The Aam Admiโ€™s verdict

Sandeep Doke Senior manager – telecom industry, Pune Home buyersโ€™ confidence in the real estate industry, is likely to increase, if the Real Estate Regulation Act (RERA) is implemented at the earliest. Demonetisation has … READ FULL STORY

Current News
By PTIJanuary 31, 2017

Income Tax department issues 87 notices, attaches 42 assets worth crores under Benami Act

The Income Tax (I-T) department has issued 87 notices under section 24 of the Benami Property Transactions Act, 1988, (which pertains to notice and attachment of property involved in benami transaction). A total of … READ FULL STORY

Property Trends
By Ravi SinhaDecember 31, 2016

2016: A year of policy changes

For the real estate sector, 2016 will be remembered as the year of dramatic policy changes. These changes have the potential to usher in a more organised, cleaner and more transparent real estate market … READ FULL STORY

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