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<h1>Government Revokes 2017 Notification: Real Estate Agents No Longer Designated Under Money Laundering Act.</h1> The Central Government, under the Prevention of Money-laundering Act, 2002, rescinded Notification No. 8/2017 dated 15 November 2017, which previously designated real estate agents as 'persons carrying on designated businesses or professions.' This rescission, effective from 28 December 2020, applies to real estate agents involved in transactions with an annual turnover of twenty lakh rupees or more. The change excludes actions taken or omitted prior to this rescission. The notification was issued by the Ministry of Finance, Department of Revenue, and published in the Gazette of India.