ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

ED searches tour and travel companies in Delhi, Ghaziabad; seizes Rs 3.57 crore in FEMA case

New Delhi [India], July 11 (ANI): The Enforcement Directorate (ED) has conducted searches at eight locations of tour and travel companies in Delhi and Ghaziabad in a case related to unauthorized foreign exchange dealings and seized Rs 3.57 crore cash.

ANI Jul 11, 2020 16:42 IST googleads

The ED seizes Rs 3.57 crore cash in the searches. Photo/ANI

New Delhi [India], July 11 (ANI): The Enforcement Directorate (ED) has conducted searches at eight locations of tour and travel companies in Delhi and Ghaziabad in a case related to unauthorized foreign exchange dealings and seized Rs 3.57 crore cash.
According to the ED, several incriminating documents and digital records were also recovered in the searches at these premises.
"ED seizes cash of Rs 3.57 crores and incriminating documents under FEMA (Foreign Exchange Management Act, 1999), as a result of searches conducted at eight different locations of tour and travel companies in Delhi and Ghaziabad in a case related to unauthorized dealings in foreign exchange," the ED tweeted.
The economic offences watchdog said that the searches were conducted at eight different locations in Delhi and Ghaziabad on July 9 including the residences and offices of Directors of several tour and travel companies and their chartered accountants.
"The probe under FEMA, 1999 were initiated against various entities including tour and travel companies on basis of specific inputs that they were involved in the unauthorised receipt of foreign remittances through payment gateways in the name of providing e-visa services to foreigners," the ED said. (ANI)

Get the App

What to Read Next

Politics

YSRCP files PIL challenging Andhra Pradesh govt’s land policy

YSRCP files PIL challenging Andhra Pradesh govt’s land policy

Former Andhra Pradesh Minister Gudivada Amarnath on Thursday said that the YSR Congress Party (YSRCP) has filed a Public Interest Litigation (PIL) challenging the land policy of the state government, alleging that large extents of valuable public land are being allotted to a few real estate companies at very low prices.

Read More
Politics

Congress' Muraleedharan says LPG shortage "affecting families"

Congress' Muraleedharan says LPG shortage

"Most of the hotels are closed. Even in the few that are open, we are not getting proper food. This situation is affecting families as well. Therefore, we request the Central Government to intervene in this matter and take strong action to ensure the supply of LPG gas," Muraleedharan told reporters in Thiruvananthapuram.

Read More
General News

Woman found dead in hotel room in North Delhi

Woman found dead in hotel room in North Delhi

According to Delhi Police, around 12:30 am, staff of Prince Hotel located at SPM T-point on Church Mission Road informed the beat staff that Room No. 205 was locked and the guest inside was not responding despite repeated knocking.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
Politics

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

"Till today, 29 lakh women have received the fund of the Mahila Udyamita Scheme. Today, this fund will be distributed in Sonai and East Goalpara constituency. A total of 33.50 lakh women will get benefits," Himanta Biswa Sarma told reporters.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.