The next leg in the battle against black money could be a crackdown on benami transactions, with the enforcement of the new Benami Act

Old habits die hard, they say. But if you have got into the habit of conveniently stashing away your ill-gotten wealth over the years, it’s time to shed this habit. With the government turning up the heat on unaccounted income, hiding your black money will no longer be easy. Declaring your income honestly and paying taxes perhaps will be. From passing the Black Money Act last year to nabbing those...