Finance Bill, 2019: 10 years imprisonment for money laundering through foreign trade
KARACHI: The government has taken harsh stance on money laundering through foreign trade and proposed 10 years imprisonment for persons involved besides confiscating consignments. The Finance Bill, 2019 proposed Section 32C to the Customs Act, 1969 related to mis-declaration of value for illegal transfer of funds abroad. The Finance Bill 2019, proposed to insert a […]