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CBDT Panel Recommends Tougher Benami Law With Wider Data Access for IT Department

Last updated: 26 August 2025


The Central Board of Direct Taxes (CBDT) is considering sweeping amendments to the Prohibition of Benami Property Transactions Act, 1988, to plug loopholes and tighten enforcement. A panel constituted by the CBDT has submitted a report recommending sterner provisions, including wider data access for
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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