Tag: reporting entity

More designated activities and exclusions notified under PMLA for being regarded reporting entities. The Ministry of Finance has notifies the following activities when carried out in the course of business on behalf of or for another person, as the case may be, as an designated activity under section …

Professionals like Chartered Accountants, Company Secretary and Cost and Works Accountants made reporting entity under PMLA for certain activities carried out on behalf of client Ministry of Finance has issued a Notification specifying type of financial transactions carried out by a CA, CS or CWA on behalf of …