Here is a link to a 97 page report on Money Laundering in India. We are providing this downloadable PDF for two reasons:
1. Money laundering is commonly misunderstood and misused term. It has come to be a catch-all in the United States for any movement of currency that the government can’t track or control. This report gives you the history and proper definition of money laundering, along with some food for though.
2. We have a number of international business clients based in India. The second half of this report will detail the issues you face in business, banking, finance, and money transfer.
Money Laundering Guide for India
This report was prepared by Priyanka Ghosh, LLM. She is an attorney licensed to practice law in India working out of our offices in San Diego, California. She specializes in assisting clients from India setup offshore and negotiate residency / second passports from a variety of jurisdictions.
You can reach Priyanka directly at pghosh@premieroffshore.fintekenergia.com.