Centre Notifies Real Estate Agents with Turnover more than 20 Lakh Covered under Money Laundering Act

Central Government rescinds earlier notification and notifies Real Estate Agents (with a turnover of 20 lakhs or more) as a person carrying on designated profession or business. By exercising its power conferred under the Money Laundering Act, the Central Government rescinded its earlier notification(no. 8/2017) dated 15.11.2017. It stated that Real Estate Agents who have

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