FEMA & Banking

Blog, Advisory, FEMA & Banking

April 25, 2024

PMLA amendments reinforce anti-money laundering efforts

Table of Contents Introduction 1. … Continue reading “PMLA amendments reinforce anti-money laundering efforts”

Blog, News, FEMA & Banking

May 15, 2023

Impact Analysis of the Inclusion of CA/CS/CWA as Designated Professionals under PMLA

[2023] 150 taxmann.com 218 (Article) … Continue reading “Impact Analysis of the Inclusion of CA/CS/CWA as Designated Professionals under PMLA”

Blog, News, FEMA & Banking

May 15, 2023

High Court Allows Late Annual Return Filing under Section 17 of FCRA

Case details: Shree Swaminarayan Mandir … Continue reading “High Court Allows Late Annual Return Filing under Section 17 of FCRA”

Blog, News, FEMA & Banking

May 15, 2023

Govt. Widens PMLA’s Scope, Brings Directors, Nominee Shareholders, and Formation Agents under its Ambit

Introduction Money laundering is a … Continue reading “Govt. Widens PMLA’s Scope, Brings Directors, Nominee Shareholders, and Formation Agents under its Ambit”

Blog, News, FEMA & Banking

May 11, 2023

RBI Assigns SBI as Lead Bank for “Leparada” District

Circular No. RBI/2023-24/28 FIDD.CO.LBS.BC.No.8/02.08.001/2023-24; dated … Continue reading “RBI Assigns SBI as Lead Bank for “Leparada” District”

News, Blog, FEMA & Banking

May 11, 2023

RBI Mandates Rupee Fees on Forex/Store/Travel Cards

Circular No. RBI/2023-24/29 A.P. (DIR … Continue reading “RBI Mandates Rupee Fees on Forex/Store/Travel Cards”

Blog, News, FEMA & Banking

May 11, 2023

Govt. Brings Directors, Nominee Shareholders, Formation Agent of Companies/ LLPs under the Purview of PMLA

Notification No. S.O. 2135(E), Dated … Continue reading “Govt. Brings Directors, Nominee Shareholders, Formation Agent of Companies/ LLPs under the Purview of PMLA”

Blog, News, FEMA & Banking

May 10, 2023

MoF Revises the List of Designated Officers for Adjudication of Penalties under FEMA

Notification No. S.O. 2128(E), Dated … Continue reading “MoF Revises the List of Designated Officers for Adjudication of Penalties under FEMA”

Blog, News, FEMA & Banking

May 10, 2023

HC to Set Aside Plea against Wilful Defaulter Order by Committee

Case Details:  Ramesh Chandra Bardia … Continue reading “HC to Set Aside Plea against Wilful Defaulter Order by Committee”

News, Blog, FEMA & Banking

May 8, 2023

MoF Permits 22 Reporting Entities to Perform Authentication under the Aadhaar Act, 2016

Notification No. S.O. 2119(E); dated: … Continue reading “MoF Permits 22 Reporting Entities to Perform Authentication under the Aadhaar Act, 2016”