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The RBI on Saturday said linking of Aadhaar with bank accounts is mandated under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017.

RBI clears air on Aadhaar-bank a/c linkage, says it is must under PMLA

The government, in a notification dated June 1, 2017, mandated the linking of bank accounts with Aadhaar by December 31.

21 Oct 2017 10:35 AM

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Jewellers hail govt's decision to remove industry from PMLA

Under the PMLA, every reporting entity is required to maintain record of all transactions of value exceeding Rs 10 lakh.

7 Oct 2017 11:43 AM

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)

Dhanteras to push sales: Jewellers

Retailers hopeful PMLA amendment to boost small sales.

6 Oct 2017 7:35 PM

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Govt revokes notification, puts gems, jewellery dealers out of PMLA

A separate notification after due consideration of points raised and wider stakeholder consultation, shall be issued...

6 Oct 2017 3:53 PM

Business tycoon Vijay Mallya

Bombay HC rejects Mallya stay plea on ED request to declare him...

Under PMLA, once a person is declared a fugitive economic offender, the prosecuting agency has power to confiscate...

22 Nov 2018 1:05 PM

Robert Vadra

ED files fresh money laundering case against firm linked to Vadra and...

The new charges are based on an FIR filed by Haryana Police in September last year, officials said.

7 Jan 2019 11:32 AM

A Pakistani court ordered the release of Hafiz Saeed on Wednesday, who was put under house arrest in January after years of living freely in Pakistan, one of the sore points in its fraying relationship with the United States. (Photo: AP | File)

ED attaches over Rs 70 lakh worth of assets linked to Hafiz Saeed

The total value of attachment is Rs 73.12 lakh.

2 May 2019 12:46 PM

Supreme Court (PTI)

SC upholds ED's powers under stringent PMLA

SC said on Wednesday that the amended provisions of the PMLA Act does not suffer from the vice of arbitrariness and...

28 July 2022 1:58 AM

Supreme Court on Thursday ruled that the decisions of the GST Council are only recommendatory in nature and not binding on the Centre and the states. (Photo:PTI)

SC to review PMLA verdict which upheld ED's powers, sends notice to...

The bench said prima facie two issues, including not providing Enforcement Case Information Report, requires...

25 Aug 2022 7:50 AM

Supreme Court (PTI)

Centre Defends Amendments to PMLA in SC

The hearing in the matter will resume on Thursday

22 Nov 2023 7:30 PM

Supreme Court (PTI)

AA Edit | Climate of fear' warning by SC: Time to curb ED powers

This is not the first case where the agency has run afoul of the judiciary

17 May 2023 6:40 PM

Rabri Devis son Tejaswi Yadav, a former deputy chief minister of Bihar, was grilled for about nine hours by the ED last week in the matter. (Photo: PTI)

Lalu, Rabri, Misa Named in Land for Jobs Chargesheet

The RJD dubbed it as a biggest example of vendetta politics

9 Jan 2024 9:12 PM