Charitable and religious trust property exemption from benami law may be notified by the Central Government. The Central Government may, by notification, exempt property relating to charitable or religious trusts from the operation of the Prohibition of Benami ... Summary
Charitable and religious trust property exemption from benami law may be notified by the Central Government.
The Central Government may, by notification, exempt property relating to charitable or religious trusts from the operation of the Prohibition of Benami Property Transactions Act. Every notification issued under this exemption power must be laid before each House of Parliament, creating a limited mechanism for excluding such trust property from the Act's reach.
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