- OnJuly 30, 2016
Seeking to check black money, Lok Sabha on Wednesday passed a comprehensive Benami Transactions Amendment Bill, with Finance Minister Arun Jaitley assuring that genuine religious trusts will be kept out of the purview of the legislation.
Moving the Benami Transactions (Prohibition) Amendment Bill 2015 for the consideration and passage, the Minister said the legislation was predominately an anti-black money measure and its purpose is to seize benami property and prosecute those indulging in such activities.
“A lot of people who have unaccounted money buy benami property in the name of fictitious persons … these transactions have to be discouraged,” he said.
On concerns expressed by certain members about religious properties or those owned by deities or religious institutions, Mr Jaitley said the government under this Bill will exempt such bonafide entities.
“There is Section 58 under the law which clearly states that charitable or religious organisation properties, the government has power to exempt those,” Mr Jaitley said responding to concerns of some members about the applicability of the amended law on properties in the name of holy books and deities.
“If there is a genuine property which belongs to a church or a mosque or a gurdwara or a temple, section 58 says that the government has the power to exempt it,” he said.
The Minister warned that excemption to such entities, cannot be a pretext for tax evasion, adding “if you make any illegal business out of it… if you create a fake religious sect and start keeping benami property, then government won’t exempt it, so please don’t do that”.
Responding to suggestions of members on why the government has not come out with a new law in place of the 1988 Act, the Minister said such a move would have given “immunity to persons who acquired benami properties during the period from 1988 to 2016”.
ऋतू के अनुसार ही आहार लेना चाहिए तभी इंसान स्वस्थ रहता है -आचार्य बालकृष्ण
Apr 11, 2017
Yoga Camp by Swami Ramdev Date 23-03-2017
Mar 23, 2017
शहीद भगत सिंह के साथ कोंग्रेस का षड्यंत्र – भाई राकेश जी
India will never forget the courage and sacrifice of Bhagat Singh, Rajguru, Sukhdev: Bhai Dr Jaideep Arya
Patanjali Yog Shivir: Swami Ramdev | Rashtrapati Bhavan, Delhi | 18 Feb 2017
Feb 18, 2017
भूमि पूजन समारोह , पतंजलि फ़ूड एंड हर्बल पार्क Noida
Feb 15, 2017
Know The Truth of Rajiv DIxit Ji Death by Anup Bansal Durg
Jan 23, 2017
Baba Ramdev In Kapil’s Show
Jan 22, 2017
CM Dr Raman Singh with Baba Ramdev, Bhilai, Chhattisgarh
Jan 12, 2017
World Record Yoga Camp, Chhattisgarh, by Swami Ramdev 12-1-2017
Patanjali is Starting Organized Contract Herbal Farming
Aug 12, 2016
IIT Student Cured from Cancer by Yoga (Baba Ramdev,Patanjali Yogpeeth).
Jul 6, 2011
Swami Ramdev, Yoga Training Camp, Patanjali Yogpeeth, Haridwar, Date 6 August 2016
Aug 6, 2016
Launching of Patanjali Bio Fertilizers & other Bio Products
Aug 13, 2013
Sugar डाईबेटिस Treatment साबधानिया Precaution – Rajiv Dixit
Aug 8, 2012
How to increase Vitamin D, Vitamin B-12 and Haemoglobin
Jun 7, 2013
Cure for Alopecia, Hairfall, Baldness – Baba Ramdev
Mar 19, 2016
Patanjali Dant Kanti Advance Toothpaste
Apr 23, 2016
Admission open in Patanjali university
May 27, 2012
Swami Ramdev Biography Movie
Mar 27, 2016