Search For "fema regulations"
ED freezes bank accounts of OctaFX in illegal forex trading case
Updated : 4 months ago IST
New Delhi [India], September 29 (ANI): The Directorate of Enforcement (ED) on Thursday said it has frozen the account balance to the tune of Rs 21.14 crore of OctaFX India Private Ltd and related entities in a case related to the violation of FEMA regulations.
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Foreign investment facilitation portal disposes off 853 FDI proposals in 5
Updated : 8 months, 1 week ago IST
New Delhi [India], May 24 (ANI): Foreign investment facilitation portal, which was launched in June 2017 following the abolition of the Foreign Investment Promotion Board (FIPB), has disposed off 853 foreign direct investment (FDI) proposals in the last five year, the government data showed
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ED seizes Rs 106.93-cr of Chinese controlled firm in FEMA violation
Updated : 1 year, 5 months ago IST
New Delhi [India], August 26 (ANI): The Enforcement Directorate (ED) has seized an amount of Rs 106.93 crore lying in bank accounts and virtual accounts with payment gateways belonging to Chinese controlled firm PC Financial Services Private Limited (PCFC) on charges of violating Foreign Exc
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Delhi HC clarifies Regulation 6 and 9 of RBI FEMA Regulations 2004
Updated : 2 years, 1 month ago IST
New Delhi [India], December 5 (ANI): The Delhi High Court on Friday passed a detailed judgement which clarified Regulation 6 and 9 of the RBI FEMA Regulations 2004 while disposing of Jindal Steel and Power Ltd petition and upholds transfer of money by it to a foreign subsidiary.
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ED slaps 121 Cr penalty on BCCI, others for FEMA violation
Updated : 4 years, 8 months ago IST
New Delhi [India], May 31 (ANI): The Enforcement Directorate (ED) on Thursday levied penalties on the Board for Control of Cricket in India (BCCI) and its former chief N. Srinivasan among others over alleged violations in Foreign Exchange Management Act (FEMA) regulations in the 2009 edit
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