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After demonetisation, benami property holders the next target: PM Modi

After demonetisation, benami property holders the next target: PM Modi
Upping his ante against corruption, Prime Minister Narendra Modi on Sunday said he will how take action against 'benami' property holders. The Benami Property Act came into effect from November 1. The law prohibits illegal benami transactions, under which up to seven years’ imprisonment and penalty for those indulging in such activities can be handed out,. "We will take action against 'benami' property; This is major step to eradicate graft, black money." said Modi On November 8, Modi announced demonetisation of Rs 1,000 and Rs 500 notes with e.....