Money Laundering

Locker Business involved in Money Laundering

Though, not a popular method, locker businesses could be a great tool to launder cash. It could be one of the mechanism of Placing...

Tool for identification of Heightened Risk Entities in India

Biznexxus, which compiles the data of the heightened risk entities and individuals in India has partnered with Indiaforensic to host the corporate intelligence report...

SIT recommendations to curb laundering

The Supreme Court-appointed SIT on black money has come out with a slew of recommendations to curb money laundering, including misuse of exemption on...

End capital gains to curb money laundering

Long term capital gains are paid when an Individuals makes profit on sale of long term asset. The tax rates for long term capital...

Money Laundering in Antrix-Devas deal

The deal between Antrix and Devas was fixed in principle in January, 2005, for lease of S-Band transponders.However, the then Executive Director of Antrix...

Critical Analysis of the Prevention of Money Laundering Act

The Prevention of Money Laundering Act (PMLA) 2002 is a vital piece of legislation passed in India to combat the scourge of money laundering....

Money Laundering Through SME Platform

Stock Market Regulator (SEBI) noticed huge rise in the traded volumes and prices of four stocks — Eco Friendly Food Processing Park,Esteem Bio Organic Food...

High Risk Business Sector – Real Estate

Real estate industry is an attractive target of money launderers. It helps to hide the proceeds of crime. It allows large quantities of cash...