Supreme Court: Air Force Group Insurance Society qualifies as ‘State’ under Article 12 || SC: Anganwadi Workers With Degrees Are Eligible For The 29% Quota For Supervisors in Kerala || SC: Giving Accused the Option of Search Before a Police Officer Breaches Section 50 of the NDPS Act || Gujarat HC: Person is Entitled to Compensation For Injury or Death Within Railway Station Premises || Delhi HC: PMLA Can Apply Even if the Scheduled Offence Occurred Before the Law Came Into Force || J&K&L HC: Accused Can Admit Evidence Recorded under Section 299 Crpc After Appearing in Court || J&K&L HC: District Judge Serving as Reference Court under Land Acquisition Act Acts as a Civil Court || Del HC: Subsequent Bail Pleas From Same FIR Should Usually Go Before the Judge Who Denied the First || J&K&L HC: Vaishno Devi Shrine Board, Despite Statutory Status, is Not a ‘State’ under Article 12 || SC: Confirmation of an Auction Sale Does Not Bar Judicial Scrutiny of Reserve Price Valuation

Amendment in Section 2(zm) of the Real Estate (Regulation and Development) Act, 2016- (Ministry of Finance ) (29 Nov 2022)

MANU/REVU/0113/2022

Commercial

In exercise of the powers conferred under sub-clause (iii) 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 that 'real estate agents' as defined under clause (zm) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) and as a person engaged in providing services in relation to sale or purchase of real estate and having annual turnover of Rupees twenty lakhs and above, as a "person carrying on designated business or profession".

Tags : AMENDMENT PROVISION REAL ESTATE

Share :