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Income-tax sources said more than Rs 5.5 crore unaccounted cash was seized during the raids, besides property documents and jewellery worth over Rs 89 crore.

I-T dept attaches benami properties worth Rs 3,500 crore

Benami Act defines a benami transaction as a transaction where a property is held by or transferred to a person.

11 Jan 2018 1:37 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

Benami properties worth Rs 4,300 cr attached, says govt

The I-T department has set up 24 dedicated Benami Prohibition Units across India.

24 July 2018 5:11 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Tip-off on stash to get you Rs 5crore

The Centre Board for Direct Taxes (CBDT) on Friday announced the Benami Transactions Informants Reward Scheme, 2018.

2 Jun 2018 12:39 AM IST

Tax payers will also need to quote their Aadhaar number while filing their returns as per the recently passed amendments in the Finance Bill.

I-T dept unearths 400 benami deals, attaches Rs 600-cr properties

Crackdowns form part of tax dept's efforts to implement new Benami Act to ensure visible outcomes.

24 May 2017 6:49 PM IST