Impact of Money Laundering Cases on Indian Economy and Business

Akarsh Kumar, Harshali Kharole1

1

Publication Date: 2020/05/29

Abstract: There is a significant rise in the cases of money laundering since the last decade, hampering India’s economic activities. It has become necessary to curb these activities with stringent rules and regulations imposing heavy duty fine in case of guiltiness. These activities not only affect a single entity but affect the whole country’s reputation and economic situation impacting Gross Domestic Product,

Keywords: LoU (Letter of Undertakings), Money Laundering, Restructuring, SWIFT code.

DOI: No DOI Available

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT20MAY119.pdf

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