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This book aimed to outline the problem of money laundering in India and its linkages with socio-economic life of the peoples. Money Laundering is a global concept. Though this book is limited the national context but has also given a tinge of the international flavour as money laundering typically involves transferring money through several countries in order to obscure its origin. The book explains the concept and the process of money laundering. Then it moves to the international and national measures to deal with the problem of money laundering. Then it proceeds to analyze the position in India in controlling money laundering. The book also contains the background of the Prevention of Money Laundering Act 2002; salient feature of the PML Bill 2008; PML (Amendment) Act 2009; PML (Amendment) Bill 2011. There is limited peace of work published on money laundering in India especially in socio-legal perspectives. This book will be a significant source of knowledge for the interest of lawyers, economists and policy makers in general. It is hoped that this book will be useful to students, researchers, academicians and members of the legal fraternity.