The Government on Friday notified the relaxation under the Prevention of Money Laundering Act (PMLA), 2002 operation of small bank accounts of trusts till September 30, 2020. “In exercise of the powers conferred by clause (iii) of sub-rule (5) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, the Central Government […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3jHUCj2
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