ED issues notice to Jaypee Group over fund violations
The Enforcement Directorate today issued an estimated Rs 200 crore notice for alleged violation of foreign exchange rules to the JP Group which is organising the high-profile Formula One Indian Grand...
View ArticleED issues notice to BCCI, Modi over IPL 2
The ED has issued a notice to the BCCI and former IPL chairman, Lalit Modi, over alleged contravention of FEMA in connection with IPL 2 which was held in South Africa. The post ED issues notice to...
View ArticleED issues foreign exchange violation notice to Google
The Enforcement Directorate has issued a foreign exchange violation notice to internet giant Google for alleged irregularities in transfer of funds to its foreign entities. The post ED issues foreign...
View ArticleBanks need not report individual purchases of overseas immovable property: RBI
Earlier in June this year, RBI had raised the remittance limit for individuals to $125,000 per year from previous limit of $75,000 and later on eased it further by allowing the use of same for buying...
View ArticleBlack money: Govt amends FEMA for stricter punishment
Tightening the noose on Indians holding black money abroad, the government today provided for confiscation of domestic property of offenders and punishment of up to five years under the Foreign...
View ArticleSorry Sushma Swaraj, your ‘help’ to Lalit Modi amounts to corruption
A year later, while her party is in power, her foreign affairs minister Sushma Swaraj went out of her way to get him travel documents from the British government because his passport had been revoked...
View ArticleGovt plans to amend RBI Act by Feb to set up monetary panel, says Mehrishi
The government also plans to set up an independent public debt management agency. The post Govt plans to amend RBI Act by Feb to set up monetary panel, says Mehrishi appeared first on Firstpost.
View ArticleIPL FEMA probe: ED records KKR co-owner Shah Rukh Khan’s statement; final...
With the Enforcement Directorate recording statement of Bollywood actor Shah Rukh Khan in a foreign exchange violations case, investigations into a major case of alleged financial irregularities in...
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