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Context: Recently, Supreme Court is looking into allegations of the metamorphosis of the Prevention of Money Laundering Act (PMLA), brought to sniff out drug money, into a potent weapon to raid rivals and deny rights.
Key Issues with PMLA
About Prevention of Money Laundering Act (PMLA)
Objectives of PMLA
The PMLA seeks to combat money laundering in India and has three main objectives:
Key Salient features
By: Shubham Tiwari ProfileResourcesReport error
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