Informant reward for benami property limited by percentage of confiscated value, with interim payments offset and an overall cap. Final reward is payable up to 5% of fair market value for movable property and up to circle rate for immovable property confiscated, subject to scheme ... Summary
Informant reward for benami property limited by percentage of confiscated value, with interim payments offset and an overall cap.
Final reward is payable up to 5% of fair market value for movable property and up to circle rate for immovable property confiscated, subject to scheme eligibility; interim reward paid is deducted from the final reward, and the total of interim and final rewards for a single benami property is capped at Rs. 1 crore.
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