Search For "foreign exchange management act"
Government notifies overseas investment rules and regulations
Updated : 3 years, 6 months ago IST
New Delhi [India], August 22 (ANI): Union Ministry of Finance said on Monday the government has notified overseas investment rules and regulations in a bid to further improve the country's standing in the ease of doing business.
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Indian govt notifies Overseas Investments Rules
Updated : 3 years, 6 months ago IST
New Delhi [India], August 22 (ANI): In line with the amendment in the Foreign Exchange Management Act 2015, Outward Investments Rules have been framed by the Government of India in consultation with the Reserve Bank.
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KIIFB Scam: Kerala High Court postponed Thomas Issac's petition
Updated : 3 years, 7 months ago IST
Kochi (Kerala) [India], August 17 (ANI): Kerala High Court on Wednesday postponed the petition of former Kerala Finance Minister and CPIM Central Committee member, challenging summons issued by the Enforcement Directorate for interrogation in connection with the financial transactions of the
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Casino owner Chikoti Praveen, aide Madhav Reddy grilled by ED
Updated : 3 years, 7 months ago IST
Hyderabad (Telangana) [India], August 1 (ANI): Casino organiser Chikoti Praveen Kumar and his aide Madhava Reddy on Monday appeared before the Enforcement Directorate (ED) for questioning in connection with the alleged violation of the Foreign Exchange Management Act (FEMA).
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ED seizes Rs 17.34-cr assets of Mangaluru bizman K. Mohammed Haris under F
Updated : 3 years, 8 months ago IST
New Delhi [India], July 12 (ANI): The Enforcement Directorate (ED) has seized immovable properties worth Rs 17.34 crore of K Mohammed Haris of Mukka Group of Companies under the Foreign Exchange Management Act (FEMA), the agency said on Tuesday.
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ED issues notice to Amnesty India, Aakar Patel; imposes Rs 61.72 cr penalt
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Enforcement Directorate (ED) issued a show-cause notice to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of the Foreign Exchange Management Act, 1999 (FEMA) and imposed a penalty of Rs 51.72 cro
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ED seizes forex worth Rs 1.53 crore from passenger at Kolkata airport
Updated : 3 years, 9 months ago IST
New Delhi [India], May 23 (ANI): The Enforcement Directorate (ED) has recovered forex worth Rs 1.53 crore by conducting a search of a person at Kolkata Airport under the Foreign Exchange Management Act, 1999 (FEMA), the agency said on Monday.
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ED attaches Rs 5551.27 cr of Xiaomi Technology India Pvt Ltd under Foreign
Updated : 3 years, 10 months ago IST
New Delhi [India], April 30 (ANI): The Enforcement Directorate (ED) has seized Rs 5551.27 crore of Xiaomi Technology India Pvt Ltd-- a wholly-owned subsidiary of China-based Xiaomi group-- under the Foreign Exchange Management Act (FEMA) in connection with illegal remittances made by the
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FEMA violation: ED issue show cause notice to promoters of Transcorp ltd.
Updated : 3 years, 11 months ago IST
New Delhi [India], April 1 (ANI): Enforcement Directorate (ED) has issued a Show Cause Notice to Transcorp International Limited and its promoter director Ashok Kumar Agarwal and Managing Director Gopal Krishan Sharma in connection with the violation of Foreign Exchange Management Act (FEMA)
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ED seizes assets of two businessmen worth Rs 4.79 cr for violating FEMA
Updated : 4 years ago IST
New Delhi [India], March 3 (ANI): Enforcement Directorate (ED) has seized assets worth Rs 4.79 crore including a cash amount of Rs 2.04 crore and immovable properties worth Rs 2.75 crore belonging to Sumit Agarwal and Sachin Agarwal under the Foreign Exchange Management Act (FEMA), 1999, the
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ED seizes assets worth Rs 3.19 crore of three personnel of Hyderabad firm
Updated : 4 years, 1 month ago IST
New Delhi [India], January 27 (ANI): Enforcement Directorate (ED) has seized assets worth Rs 3.19 crores belonging to three personnel of 3K Technologies Limited, a Hyderabad firm for allegedly violating the Foreign Exchange Management Act (FEMA) Act, 1999.
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ED confiscates agricultural land worth Rs 1.76 cr of ex-director of privat
Updated : 4 years, 3 months ago IST
New Delhi [India], December 3 (ANI): Enforcement Directorate on Friday has confiscated agricultural land measuring 4.26 acres worth Rs 1.76 Crore of an NRI who is a former director of M/s Laundry Spot Private Limited for contravening the provisions of the Foreign Exchange Management Act (FEM
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