https://www.taxtmi.com/highlights?id=30764 The Benami Transactions (Prohibition) Amendment Act, 2016, enhances the legal framework against benami transactions and tax evasion in India. It introduces stringent penalties, provisions for the confiscation of benami properties, and stronger enforcement mechanisms to deter such activities. en-us Fri, 12 Aug 2016 15:38:42 +0530 Fri, 12 Aug 2016 15:38:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30764 The Benami Transactions (Prohibition) Amendment Act, 2016, enhances the legal framework against benami transactions and tax evasion in India. It introduces stringent penalties, provisions for the confiscation of benami properties, and stronger enforcement mechanisms to deter such activities. Highlights Indian Laws Fri, 12 Aug 2016 15:38:42 +0530 https://www.taxtmi.com/highlights?id=30764