Person carrying on designated business or profession - Prevention of Money-laundering - ‘real estate agents’ and as a person engaged in providing services in relation to sale or purchase of real estate notified. - G.S.R. 855 (E) - Prevention of Money-Laundering

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th November, 2022 G.S.R. 855 (E). -In exercise of the powers conferred under sub-clause (iii) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby notifies that real estate agents as defined under clause (zm) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) and as a person engaged in providing services in relation to sale or purchase of real estate and having annual turnover of Rupees twenty lakhs and above, as a person carrying on designated business or profession . [F. No. P-12011/7/2022-ES Cell-DOR] SHASHANK MISRA, Director (Headquarter)