{"id":66134,"date":"2023-07-25T07:40:20","date_gmt":"2023-07-25T02:10:20","guid":{"rendered":"http:\/\/finservwealth.com\/delhi-hc-quashes-rs-96-lakh-penalty-on-paypal-by-fiu\/"},"modified":"2023-07-25T07:40:20","modified_gmt":"2023-07-25T02:10:20","slug":"delhi-hc-quashes-rs-96-lakh-penalty-on-paypal-by-fiu","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/delhi-hc-quashes-rs-96-lakh-penalty-on-paypal-by-fiu\/","title":{"rendered":"Delhi HC quashes Rs 96 lakh penalty on PayPal by FIU"},"content":{"rendered":"<p> Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law.<\/p><div id=\"finse-1032904519\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/current-affairs\/delhi-hc-quashes-rs-96-lakh-penaltypaypal-by-fiu_17128711.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law. Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/current-affairs\/delhi-hc-quashes-rs-96-lakh-penaltypaypal-by-fiu_17128711.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/current-affairs\/delhi-hc-quashes-rs-96-lakh-penaltypaypal-by-fiu_17128711.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law. Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/current-affairs\/delhi-hc-quashes-rs-96-lakh-penaltypaypal-by-fiu_17128711.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> Justice Yashwant Varma, however, ruled that PayPal was liable to be viewed as a payment system operator under the the Prevention of Money Laundering Act (PMLA) and so has to comply with reporting obligations under the law.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-66134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2021\/200x200\/p\/paypal_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/66134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=66134"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/66134\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=66134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=66134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=66134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}