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of <h1>Benami Transaction (Prohibition) Act Amendments Effective November 1, 2016, Per Notification No. 98/2016 by Indian Government.</h1> The Government of India, through the Ministry of Finance's Department of Revenue, has issued Notification No. 98/2016, dated October 25, 2016. This notification announces that the amendments to the Benami Transaction (Prohibition) Act, 1988, as per the Benami Transaction (Prohibition) Amendment Act, 2016, will take effect from November 1, 2016. The notification is authorized under the powers granted by sub-section (2) of section 1 of the Amendment Act.
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