Delhi HC: Economic Offender Cannot Seek Travel Abroad For Medical Treatment When Available In India || SC: Governors and President Have No Fixed Timeline To Assent To Bills; “Deemed Assent” is Invalid || SC: Assigning a Decree For Specific Performance of a Sale Agreement Does Not Require Registration || SC: No Quota Applies For Judicial Officers in District Judge Posts, Issuing Seniority Guidelines || SC: Interest Rate Disputes Doesn't Fall under Public Policy to Set Aside Arbitration Awards || SC: If Some Offences are Quashed By Compromise, the FIR For The Same Incident Cannot Continue || Supreme Court: TIP is Unreliable if the Witness Saw the Accused Beforehand || Delhi HC: MYAS Not Bound to ‘Rubber-Stamp’ International Federation Choices || AP HC: Fulfilling Rehabilitation Promises to Displaced is State’s Constitutional Obligation || SC: Career Progression to Higher Echelons of Judiciary is Neither a Matter of Right Nor Entitlement

Central Government hereby notifies the dealers in precious metals, precious stones as persons carrying on designated businesses or professions- (Ministry of Finance ) (28 Dec 2020)

MANU/REVU/0100/2020

Civil

In exercise of the powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby notifies the dealers in precious metals, precious stones as persons carrying on designated businesses or professions - if they engage in any cash transactions with a customer equal to or above Rupees ten lakhs, carried out in a single operation or in several operations that appear to be linked.

Tags : DEALERS PRECIOUS METALS DESIGNATED BUSINESSES

Share :