Stay updated with breaking news from Reporting Entity. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Delhi High Court has sought the Central government's stand on a plea challenging the inclusion of Chartered Accountants, Company Secretaries and Cost Accountants within the ambit of “reporting entities” under PMLA.
The petitioner sought a direction for quashing a May 3 gazette notification by the Union Ministry of Finance. The high court listed the matter on October 4.
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the penalty as the defects in the statement of the reportable account were rectified within the time limit.The Bench of V....
The Court set aside the Financial Intelligence Unit's order imposing ₹96 lakh on PayPal for failing to register as a ‘reporting entity’ under PMLA.
In Short - The Situation: In 2018, the Australian federal government obligated Australian corporates to engage with modern slavery risks in their supply chain by enacting...