CLAT Gurukul

Bill passed for Benami Transactions (Prohibition)

Bill passed for Benami Transactions (Prohibition)

Content

Benami Transactions In a bid to tackle generation of black money within the country, the Cabinet on Wednesday approved the new Benami Transaction (Prohibition) Bill to curb unaccounted-for wealth stashed away in foreign bank accounts �The Benami Transactions (Prohibition) (Amendment) Bill, 2015 provides for attachment and confiscation of benami properties and imposes fine with imprisonment. This is one more initiative to fight the menace of black money inside the country,� an official statement said. Source: The Hindu

Note:

For more updates on topics asked in CLAT, keep visiting CLAT Gurukul which is a knowledge sharing initiative of The Knowledge Tree, Patna’s premier coaching institute for CLAT and for other law entrance exams like AILET, SET, LSAT etc.

RECENT POSTS

Courses

OUR BLOG

CLAT Gurukul is contributing to the Law Entrance Test form a long time and achieved a great rank in terms of Law Entrance Exam Preparation Institutes. Every Competitive exam needs Speed And Accuracy and these are what exactly matters in these kind of exam.

NAVIGATION

NAVIGATION

CLAT Gurukul is contributing to the Law Entrance Test form a long time and achieved a great rank in terms of Law Entrance Exam Preparation Institutes. Every Competitive exam needs Speed And Accuracy and these are what exactly matters in these kind of exam.

Scroll to Top