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New Benami law

Law in its current form may not be able to Check Benami Deals

Law in its current form may not be able to Check Benami Deals
Under the new Benami law, properties purchased in the name of spouse or siblings or any lineal ascendant or descendant could be allowed under benami deals and would not be subject to penal provisions. Home minister P Chidambaram, however, is learnt to have opposed the same, while favoring the inclusion of spouse. He said at [...] Continue Reading »



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