Things to know about J&K Prohibition of Benami Property Transactions Act, 2018

Recently, in a landmark decision, Jammu & Kashmir’s State Administrative Council (SAC) has given nod for enactment of stringent law to prohibit Benami property transactions, which otherwise have assumed alarming proportion in Jammu and Kashmir. This can be a major step to eradicate corruption and black money in Jammu & Kashmir. What constitutes Benami property? Property … Read more