Benami Property Advocates In India

1. Phone: 9958570167 • info@nnlegalpartners.com About NN Legal Partners NN Legal Partners is a top law firm committed to providing the best litigation , advisory and consultancy services to the clients in legal and corporate domain. We practice in the specialized fields of law like Prohibition of Benami Property Transaction Act (PBPTA), Prevention of Money Laundering Act(PMLA), Foreign Exchange Management Act (FEMA), Customs Act and GST. Well known for its quality of service and responsiveness our team consists of Advocates , Ex-officers and Ex-Public Prosecutors from various government departments and all the senior partners who have expertise in their practice areas having more than 15 to 30 years of experiences make the team tactically astute. Modus Operandi exhibits high detailed orientation and an excellent response time with a team that is strong across all disciplines. ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

2. Phone: 9958570167 • info@nnlegalpartners.com Prevention of Money Laundering Act (PMLA) Money laundering is the process of conversion of the money which is illegally obtained so as to make it appear to originate from a legitimate source. In simple words, it is the process of making dirty money to look like clean money. Under section 3 of the PMLA, it has been defined as under:- “Whosoever directly or indirectly attempts to indulge or knowingly assists or knowingly is a party or is actually involved in any process or activity connected with the proceeds of crime, including its concealment, possession, acquisition or use or projecting or claiming it as untainted property shall be guilty of offence of money laundering.” ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

3. Phone: 9958570167 • info@nnlegalpartners.com Foreign Exchange Management Act (FEMA) Foreign exchange Management Act (FEMA) 1999 came into effect in India from June 1, 2000 replacing earlier law FERA, 1973. FEMA is a regulatory mechanism that enables the Reserve Bank of India to pass regulations and the Central Government to pass rules relating to foreign exchange in tune with the Foreign Trade policy of India. This Act is not only applicable to residents of India within India, but also applicable to all branches, offices and set-ups outside India which are owned or controlled by a person resident in India. ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

4. Phone: 9958570167 • info@nnlegalpartners.com Prohibition of Benami Property Transaction Act Benami Property means any property which is the subject matter of a benami transaction and also includes the proceeds from such property such as Immovable property,Movable property like cash, jewellery, share, FD, bank deposits etc., Intangible property, Tangible Property, Corporeal property, Incorporeal property. Initially the Benami Transaction(Prohibition) Act was enacted in the year 1988 and it was renamed as Prohibition of Benami Property Transaction(PBPT) Act, 1988, after the amendment of 2016 which was enforced on 1/11/2016. ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

5. Phone: 9958570167 • info@nnlegalpartners.com Customs The levy of custom duty or tax on goods imported into and exported from the country were organised through various laws during the british period. After independence the different allied enactments were repealed by a consolidating and amending legislation entitled the Customs Act, 1962. Customs Act, 1962 just like any other tax law is primarily for the levy and collection of duties but at the same time it has the other and equally important purposes such as: ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

6. Phone: 9958570167 • info@nnlegalpartners.com Goods & Service Tax (GST) The Central Government passed four sets of GST Acts . They are Central GST Act, 2017; Integrated GST Act, 2017; Union Territory GST Act, 2017 and GST (Compensation to States) Act, 2017. The Acts were approved by the Parliament after they were introduced as part of the Money Bill. Following the passage of the GST Acts, the GST Council decided the rate slabs for the Goods and Services to be taxed under the GST regime. ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

7. Phone: 9958570167 • info@nnlegalpartners.com Our Clients ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social:

8. Phone: 9958570167 • info@nnlegalpartners.com Visit site: https://nnlegalpartners.com/india/benami-property-advocates-in-india.html ADDRESS: Chamber No.102,A.K.Sen Block, Supreme Court Compound,TilakMarg, New Delhi-110001 Visit website :- https://nnlegalpartners.com/ Social: