What type of information is required to be furnished under PMLA?
Updated
Every reporting entity is required to furnish information about:
all cash transactions of the value of more than ten lakh rupees or its equivalent in foreign currency
all series of cash transactions integrally connected to each other which have been individually valued below rupees ten lakh or its equivalent in foreign currency where such series of transactions have taken place within a month and the monthly aggregate exceeds an amount of ten lakh rupees or its equivalent in foreign currency
all transactions involving receipts by non-profit organizations of value more than rupees ten lakh, or its equivalent in foreign currency
all cash transactions where forged or counterfeit currency notes or bank notes have been used as genuine or where any forgery of a valuable security or a document has taken place facilitating the transactions
all suspicious transactions whether or not made in cash
all cross border wire transfers of the value of more than five lakh rupees or its equivalent in foreign currency where either the origin or destination of fund is in India.
all purchase and sale by any person of immovable property valued at fifty lakh rupees or more that is registered by the reporting entity, as the case may be
