Download or read book Taxmann Advisory s Strengthening Anti Money Laundering Measure An In Depth Analysis of the Recent Amendment to PMLA written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-05-15 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document analyses recent amendments to India's Prevention of Money Laundering Act (PMLA), intended to bolster anti-money laundering (AML) measures. The Central Government broadened the act's scope to include new reporting entities: company directors and secretaries, firm partners, express trust trustees, and nominee shareholders. They are now required to report certain business activities, thereby contributing to the effort against money laundering. Particular attention is drawn to five areas: • The term "formation agent" now applies to individuals involved in incorporating companies and limited liability partnerships (LLPs), subject to PMLA provisions. Ambiguities remain around the term's precise definition. • People acting as directors, secretaries, or firm partners must adhere to PMLA obligations, including maintaining financial transaction records, verifying clients, and reporting suspicious transactions. • Commercial property owners providing registered office or business addresses for a company, LLP, or trust are now reporting entities under the PMLA. Some exemptions apply for lease-related activities. • Trustees of express trusts face increased scrutiny and potential compliance costs as they fall under PMLA purview, requiring stringent reporting and monitoring systems. • Nominee shareholders must disclose the ultimate beneficial owner's identity, increasing transparency in share ownership. However, certain activities are exempt from PMLA purview, like employee activities for their employers and activities carried out by certain professionals. These amendments aim to enhance AML measures by expanding reporting requirements and accountability, confronting money laundering and terrorist financing more effectively. However, they also bring increased compliance obligations for various entities.
Download or read book Taxmann s Analysis Strengthening India s Financial Security Key Amendments to Anti Money Laundering Rules written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-10-20 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article discusses the dynamic landscape of the anti-money laundering law, including: ‣ The definition of 'client due diligence' has been broadened. ‣ Reporting entities are now required to implement comprehensive group-wise programs to combat money laundering and terror financing, significantly enhancing financial security on a broader scale ‣ The pivotal role of principal officers in reporting entities has gained prominence as they are responsible for promptly reporting information related to suspicious transactions to directors ‣ The scope of client identification and verification requirements for reporting entities has expanded
Download or read book Action Plan on Base Erosion and Profit Shifting written by OECD and published by OECD Publishing. This book was released on 2013-07-19 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This action plan, created in response to a request by the G20, identifies a set of domestic and international actions to address the problems of base erosion and profit sharing.
Download or read book The Crime of Aggression written by Noah Weisbord and published by Princeton University Press. This book was released on 2019-06-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A gripping behind-the-scenes account of the dramatic legal fight to hold leaders personally responsible for aggressive war On July 17, 2018, starting an unjust war became a prosecutable international crime alongside genocide, crimes against humanity, and war crimes. Instead of collective state responsibility, our leaders are now personally subject to indictment for crimes of aggression, from invasions and preemptions to drone strikes and cyberattacks. The Crime of Aggression is Noah Weisbord’s riveting insider’s account of the high-stakes legal fight to enact this historic legislation and hold politicians accountable for the wars they start. Weisbord, a key drafter of the law for the International Criminal Court, takes readers behind the scenes of one of the most consequential legal dramas in modern international diplomacy. Drawing on in-depth interviews and his own invaluable insights, he sheds critical light on the motivations of the prosecutors, diplomats, and military strategists who championed the fledgling prohibition on unjust war—and those who tried to sink it. He untangles the complex history behind the measure, tracing how the crime of aggression was born at the Nuremberg trials only to fall dormant during the Cold War, and he draws lessons from such pivotal events as the collapse of the League of Nations, the rise of the United Nations, September 11, and the war on terror. The power to try leaders for unjust war holds untold promise for the international order, but also great risk. In this incisive and vitally important book, Weisbord explains how judges in such cases can balance the imperatives of justice and peace, and how the fair prosecution of aggression can humanize modern statecraft.
Download or read book Accounting Applied to Human Resource Management written by Mohit Kumar Kolay and published by Allied Publishers. This book was released on 2005 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Kanga Palkhivala s the Law and Practice of Income Tax written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Treaty Entitlement written by Michael Lang and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Art of M and A Due Diligence written by Alexandra Reed Lajoux and published by McGraw Hill Professional. This book was released on 2000 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Art of M&A Due diligence is today's most useful guidebook for uncovering problems and inconsistencies while they are still manageable.
Download or read book Commodity Markets Derivatives written by Bharat Kulkarni and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book India Grows At Night written by Gurcharan Das and published by Penguin UK. This book was released on 2013-07-15 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indians wryly admit that ‘India grows at night’. But that is only half the saying, the full expression is: ‘India grows at night... when the government sleeps’, suggesting that the nation may be rising despite the state. India’s is a tale of private success and public failure. Prosperity is, indeed, spreading across the country even as governance failure pervades public life. But how could a nation become one of the world’s fastest-growing economies when it’s governed by a weak, ineffective state? And wouldn’t it be wonderful if India also grew during the day—in other words, if public policy supported private enterprise? What India needs, Gurcharan Das says, is a strong liberal state. Such a state would have the authority to take quick, decisive action, it would have the rule of law to ensure those actions are legitimate and finally, it would be accountable to the people. But achieving this will not be easy, says Das, because India has historically had a weak state and a strong society. About the Author Gurcharan Das is a well known author, commentator and public intellectual. He is the author of the much acclaimed The Difficulty of Being Good, and the international bestseller India Unbound, which has been translated into many languages and filmed by the BBC. His other works include the novel, A Fine Family, a book of essays, The Elephant Paradigm, and an anthology, Three Plays, consisting of Larins Sahib, Mira and 9 Jakhoo Hill. Gurcharan Das writes a regular column for a number of Indian newspapers including the Times of India and occasional guest columns for Newsweek, Wall Street Journal and Foreign Affairs. Gurcharan Das graduated from Harvard University and was CEO of Procter and Gamble India before he took early retirement to become a full time writer. He lives in Delhi.
Download or read book Venture Capital Financing in India written by Asim Kumar Mishra and published by . This book was released on 1996 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Shortest History of War From Hunter Gatherers to Nuclear Superpowers A Retelling for Our Times Shortest History written by Gwynne Dyer and published by The Experiment, LLC. This book was released on 2022-08-02 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brisk account of this defining feature of human society, from prehistory to nuclear proliferation and lethal autonomous weapons. The Shortest History books deliver thousands of years of history in one riveting, fast-paced read. War has changed, but we have not. From our hunter-gatherer ancestors to the rival nuclear powers of today, whenever resources have been contested, we’ve gone to battle. Acclaimed historian Gwynne Dyer illuminates our many martial clashes in this brisk account, tracing warfare from prehistory to the world’s first cities—and on to the thousand-year “classical age” of combat, which ended when the firearm changed everything. He examines the brief interlude of “limited war” before eighteenth-century revolution ushered in “total war”—and how the devastation was halted by the nuclear shock of Hiroshima. Then came the Cold War and Russia’s invasion of Ukraine, which punctured the longest stretch of peace between major powers since World War II. For all our advanced technology and hyperconnected global society, we find ourselves once again on the brink as climate change heightens competition for resources and superpowers stand ready with atomic bombs, drones, and futuristic “autonomous” weapons in development. Throughout, Dyer delves into anthropology, psychology, and other relevant fields to unmask the drivers of conflict. The Shortest History of War is for anyone who wants to understand the role of war in the human story—and how we can prevent it from defining our future.
Download or read book British tax encyclopedia written by and published by . This book was released on 1962 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Narcotics Control Strategy Report written by and published by . This book was released on 1991 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Scope and Definition written by United Nations Conference on Trade and Development and published by . This book was released on 1999 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise study offers balanced & easily accessible analyses of the issues involved, focusing on an explanation of the issue; stock-taking & analysis; interaction with other issues & concepts; & economic & development implications & policy options.
Download or read book We the Nation written by Nani Ardeshir Palkhivala and published by . This book was released on 1994 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Repression written by Chitranshul Sinha and published by Penguin Random House India Private Limited. This book was released on 2019-08-19 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian Penal Code was formulated in 1860, three years after the first Indian revolt for independence. It was the country's first-ever codification of offences and penalties. But it was only in 1870 that Section 124A was slipped into Chapter VI ('Of Offences against the State'), defining the offence of 'Sedition' in a statute for the first time in the history of common law. When India became independent in 1947, the Constituent Assembly expressed strong reservations against sedition as a restriction on free speech as it had been used as a weapon against freedom fighters, many of whom were a part of the Assembly. Nehru vocally opposed it. And yet, not only has Section 124A survived, it has been widely used against popular movements and individuals speaking up against the establishment. Where did this law come from? How did it evolve? And what place does it have in a mature democracy? Concise, incisive and thoughtful, The Great Repression by Chitranshul Sinha, an advocate on record of the Supreme Court of India, tells the story of this outdated colonial-era law.
