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Wednesday, November 6, 2024
TopicBenami Act

Topic: Benami Act

‘Substantive law, no retrospective application’ — decoding SC order on 2016 Benami amendment

Court quashed criminal prosecution & confiscation for benami transactions entered into before 2016 Act came into force. It also said the Act's 1998 predecessor was 'merely a shell'.

I-T dept attaches Rs 150-crore worth Gurgaon hotel of Congress leader Kuldeep Bishnoi

The Income Tax dept is investigating Bright Star Hotel Private Ltd., which it claims is the "benami" property of Congress leader Kuldeep Bishnoi and his brother Chander Mohan.

Benami properties in 780 cases involving crores may fall as no adjudicating authority exists

Of the 860 cases that have been finalised, about 80 could be adjudicated. The remaining 780 cases bearing attachments worth crores involve some very high-profile individuals. 

On Camera

What Trump-Harris result could mean for India in key areas, from geopolitics to trade & immigration

India cannot be blasé about change in any important capital in the world. Let's look at five key areas where US policy matters for India and how it may vary between Harris and Trump.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Rifles slung upside down, on ponies. Indian troops go on their 1st patrol in Depsang since 2020

Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.