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Tender No. NIFTIER/Building/2526/2022eNIT NATIONAL INSTITUTE OF FASHION TECHNOLOGY (2006)(A statutory body governed by the GIFT Act 2006 and set up by the Ministry of Textiles, Govt.

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What is nift definition - law?

NIFT (Non-Investment Financial Transaction) definition - law refers to the regulations that define and govern non-investment financial transactions.

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Financial institutions and individuals engaging in non-investment financial transactions are required to file nift definition - law.

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The purpose of nift definition - law is to regulate and monitor non-investment financial transactions to prevent illegal activities such as money laundering and terrorism financing.

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Information such as the parties involved, amount of the transaction, purpose of the transaction, and any other relevant details must be reported on nift definition - law.

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