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Govt revokes notification covering jewellers under PMLA

New Delhi, Oct 6 (UNI) The government today withdrew the notification that covered businessmen with a turnover more than Rs two crore in the jewellery sector under the Prevention of Money-Laundering Act, 2002.
The Finance Ministry said that it was made aware of ‘certain incongruities’ in the notification wherein dealers in precious metals, precious stones and other high value goods were notified as person carrying on designated business and professions under the Prevention of Money-Laundering Act, 2002.
The government said that it had received representations from various Associations in the Gems and Jewellery sector for the same.
An official statement said, “After considering various aspects of the issue, the Government has decided to rescind the said notification. A separate notification after due consideration of points raised and wider stakeholder consultation in this regard, shall be issued separately.”
UNI ASH SHK 2021
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Mahindra & Mahindra launches Plush new WCV500

Mahindra & Mahindra launches Plush new WCV500

19 Apr 2018 | 8:03 PM

Hyderabad, Apr 19 (UNI) Mahindra & Mahindra Ltd, part of the USD 19 billion Mahindra Group, has
launched the Plush New XUV500 here on Thursday which sets a new benchmark in the premium
SUV segment with a bold new design, plush, luxurious interiors and higher power and torque.

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Kottayam-Kochi Rubber Market Rates

19 Apr 2018 | 7:34 PM

Kottayam, Apr 19 (UNI) Following were the Rubber Market rates announced by
the Rubber Board here today per quintal
KOTTAYAM RSS FOUR Rs 12000 RSS FIVE Rs 11700 ISNR TWENTY: Rs 10600
SIXTY PERCENT LATEX: Rs.

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SME Convention to begin from April 22 in Delhi

19 Apr 2018 | 6:50 PM

New Delhi, Apr 19 (UNI) The four-day International SME convention will begin here from April 22.

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BOI AXA Mutual Fund launches new website

19 Apr 2018 | 6:44 PM

Mumbai, Apr 19 (UNI) BOI AXA Mutual Fund, a joint venture between Bank of India and AXA Investment Managers, has launched a new website with an uncluttered design interface and a simple user experience and the company has also migrated to a new url www.

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Club One Air collaborates with Zoom Air

19 Apr 2018 | 6:35 PM

Mumbai, Apr 19 (UNI) India’s leading private chartered aviation company, ‘Club One Air’ (COA) has entered into an agreement with Gurgaon Headquartered ‘Zoom Air’, a leading name in the regional airline segment.

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