India recognises need to streamline trials in terror financing, money laundering cases: Official

  • Posted on September 19, 2024
  • By Business News Today
  • 1 Views
India recognises need to streamline trials in terror financing, money laundering cases: Official

India is taking steps to streamline the trial process in terror financing and money laundering cases. The Financial Action Task Force (FATF) has given India high ratings for financial intelligence and anti-money laundering measures. However, improvements are needed in prosecution. The income tax department is working to prevent misuse of not-for-profit organisations for terror financing.
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