Benami Black Money and Money Laundering Laws

India’s enforcement architecture against illicit wealth, concealed assets, and cross-border financial offences rests on a cluster of interlocking statutes—each with its own procedural framework, adjudicatory hierarchy, and penal consequence. Taxmann’s Benami Black Money & Money Laundering Laws is the authoritative single-volume reference that consolidates all five of these foundational laws in their current, fully amended form. The 2026 Edition has been updated to incorporate every amendment effected by the Finance Act 2026—including the newly enacted Foreign Assets of Small Taxpayers Disclosure Scheme 2026 (Sections 130–144 of the Finance Act 2026), which makes its debut in this Edition as a standalone Division.

The volume captures the complete and evolving text of the Prohibition of Benami Property Transactions Act 1988, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015, the Fugitive Economic Offenders Act 2018, and the Prevention of Money-Laundering Act 2002—each accompanied by their subsidiary rules, regulations, circulars, notifications, and, where applicable, the governing case law. With 588 pages and a scope that ranges from the foundational definitions of ‘benami transaction’ and ‘proceeds of crime’ to the procedural mechanics of attachment, adjudication, confiscation, and prosecution, this volume serves as the practitioner’s complete reference for India’s anti-black money statutory regime.