Post by: Renu Suresh in Income Tax Legal
Prevention of Money Laundering (Maintenance of Records) Amendment Rules In March 2023, the Ministry of Finance's Department of Revenue introduced the Prevention of Money Laundering (Maintenance of Records) Amendment Rules, 2023. These rules expanded the scope of reporting entities under…
Post by: Renu Suresh in Income Tax Legal
Prevention of Money Laundering Act 2002 The Prevention of Money Laundering Act (PMLA) is a crucial legislation enacted in India to combat the severe issue of money laundering and the financing of illegal activities. It provides a legal framework to…