https://www.taxtmi.com/news?id=19526 The Finance Act, 2018 amends the PMLA to extend the proceeds of crime concept to property equivalents held abroad, make bail conditions under Section 45(1) uniformly applicable with a leniency threshold for less serious cases, include corporate fraud under the schedule via Section 447 of the Companies Act, adjust the provisional attachment 180 day limit to include stays and a short extension, grant the Enforcement Directorate additional pre prosecution investigation time, permit formal information sharing with other agencies, and allow Special Courts to consider restoration claims during trial. en-us Fri, 02 Feb 2018 09:53:38 +0530 Fri, 02 Feb 2018 09:53:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19526 The Finance Act, 2018 amends the PMLA to extend the proceeds of crime concept to property equivalents held abroad, make bail conditions under Section 45(1) uniformly applicable with a leniency threshold for less serious cases, include corporate fraud under the schedule via Section 447 of the Companies Act, adjust the provisional attachment 180 day limit to include stays and a short extension, grant the Enforcement Directorate additional pre prosecution investigation time, permit formal information sharing with other agencies, and allow Special Courts to consider restoration claims during trial. News - Fri, 02 Feb 2018 09:53:38 +0530 https://www.taxtmi.com/news?id=19526