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of <h1>New Scheme Offers Up to 1 Crore for Informants Exposing Benami Properties Under 1988 Act; Ensures Confidentiality</h1> The Benami Transactions Informants Reward Scheme, 2018, introduced by the Central Board of Direct Taxes (CBDT), offers rewards to individuals who provide actionable information regarding benami properties under the Prohibition of Benami Property Transactions Act, 1988. Eligible informants can receive a reward of up to Rs. 1 crore for specific information about such properties. The scheme ensures the confidentiality of the informant's identity.
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