Prevention of Money Laundering Act : As if the Income Tax Act, FCRA, labour laws and other state Acts were not enough to bother and burden the charitable organizations with their restrictions and regulations, here comes the Prevention of Money Laundering Act.

Recently, the Finance Ministry has amended the money laundering rules to incorporate more disclosures for non-governmental organisations by reporting entities like financial institutions, banking companies or intermediaries. Do you know what’s there in store for you? Watch this video till the last minute so that you don’t miss upon any important information which otherwise could land you in serious trouble.

I am Ashis Agarwal from Team NGOenabler and today in this video I shall cover few key amendments made in the Prevention of Money Laundering Act, which are relevant in the context of NGOs.

Official Notification Link : https://drive.google.com/file/d/19Rj0Qbx56vvHMhFed7oZDU0XFZqJXIob/view?usp=share_link