Prevention of Money Laundering Act 2002 Current Affairs, GK & News

Aadhaar Amendment Bill 2019

July 7, 2019

The Lok Sabha has passed the Aadhaar and Other Laws (Amendment) Bill, 2019. Features of the Bill The bill provides for offline verification of an individual’s identity through modes specified by the Unique Identification Authority of India (UIDAI) by regulations. For the offline verification, the bill mandates the agency must obtain the consent of the individual, ..

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Vijay Mallya declared as Fugitive Economic Offender

January 6, 2019

The  Prevention of Money Laundering (PMLA) court in Mumbai has declared Vijay Mallya as a Fugitive Economic Offender. Vijay Mallya is the first businessman to be charged under the new fugitive economic offender’s act 2018. Declaration of the Fugitive Economic Offender Vijay Mallya is declared as the Fugitive Economic Offender under the following provisions: According to ..

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Aadhaar amendment Bill introduced in Lok Sabha

January 3, 2019

The government has introduced the Aadhaar amendment bill in Loksabha. The bill aims to provide legal backing for voluntary seeding of biometric Aadhaar ID for mobile SIM card and bank account authentication purposes. Features of the Bill The important features of the Aadhaar and Other Laws (Amendment) Bill 2018 are: The bill seeks to amend ..

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