Financial Intelligence Unit: Latest News and Updates, Top Stories, Videos, Photos About Financial Intelligence Unit

Financial Intelligence Unit News

Paytm Payments Bank Hit with Rs 5.49 Crore Penalty for Breaching Anti-Money Laundering Law

Paytm Payments Bank has been penalized for violating anti-money laundering laws, leading to a fine of Rs 5.49 crore. The bank was involved in facilitating illegal online gambling activities, and the proceeds of crime were routed through its accounts....

PAN Data On Large, Suspicious Transactions Will Now Be Shared With FIU

The Income Tax Department has been allowed to share the PAN data of an individual or entity with the Financial Intelligence Unit (FIU) to dig deeper into suspicious and large cash transactions at banks. The Central Board of Direct Taxes (CBDT), ...

Financial Intelligence Unit begins probe in NSEL crisis

NEW DELHI: The Financial Intelligence Unit has begun a probe into the transactions of investors and owners of crisis-ridden National Spot Exchange Limited (NSEL) after probe agencies investigating the bourse detected alleged discrepancies in financial dealings. The FIU, under the ...