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Now, govt to crack whip on Benami properties - The News
Posted
November 25, 2016
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126
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November 25, 2016
126
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2:43Now PlayingAfter declaring a full-fledged war against black money by scrapping old currency notes of Rs 500 and Rs 1000, Prime Minister Narendra Modi-led government plans to crack the whip on Benami properties.
In a Benami transaction, a property is held by one person, whereas, the payment has been done by another person. Therefore, the name of the person who has done the actual payment is not mentioned in a Benami property.
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