Non-compliance to be 'very costly' for companies: Govt
Continuing the clampdown on illicit fund flows, the Ministry of Corporate Affairs has already struck off more than 2.24 lakh companies that have not been doing business for long and has disqualified over three lakh directors associated with such entities.
Dec 26, 2017, 18:38 PM IST
BSE to 'compulsorily' delist 200 firms on August 23
The move also comes at a time when authorities are clamping down on shell companies -- listed as well as unlisted -- for allegedly being used as conduits for illicit fund flows.
Aug 21, 2017, 18:31 PM IST
Arun Jaitley to inaugurate conference on dealing with illicit fund flows
Finance Minister Arun Jaitley will Monday inaugurate an international conference which will discuss scope for regional cooperation to effectively deal with illicit financial flows, mainly from tax frauds and human trafficking.
Nov 01, 2015, 19:35 PM IST
Govt forms panel to check trade-based money laundering
To curb the menace of illicit fund flows, the government has set up a high level panel that will look into trade-based money laundering activities which particularly involve manipulation of invoices.
Dec 04, 2014, 14:37 PM IST
