March 24, 2017 6:16 PM

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Govt issues notices in 140 cases of benami properties worth ?200 Cr

Government has issued notices in 140 cases involving properties worth 200 crore rupees under the Benami Transactions (Prohibition) law. In a written reply in the Lok Sabha, Minister of State for Finance Santosh Gangwar said out of these, provisional attachment has already been effected in 124 cases. <br/><br/>He said the benami properties attached include deposits in bank accounts and immovable properties. The Benami Transactions (Prohibition) Amendment Act, 2016, came into effect from November last year.

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