| 19.08.2011 - India to tighten grip on benami property deals |
| If you hold any benami property and the Central Government declares it as such, not only will the Government confiscate it without paying any compensation, it will also impose a fine of up to 25 per cent of the market value of the property on you. It could even imprison you for between six and 24 months..............................................Full Article: Source |