Tag: enforcement directorate
Posted in Economy
Asking a friend to book overseas purchases risks FEMA violations
Mumbai: Bidding online for a painting hosted by a London auctioneer. Booking a limited edition watch hosted by a Singapore dealer on a members-only e-com…
Posted in Business
Anil Ambani offers to make himself available for ED via virtual appearance| Business News
Anil Ambani has offered to make himself available to Enforcement Directorate for the recording of his statement via virtual appearance, a spokesperson for the Reliance…
Posted in Economy
ED cracks down on firms masking foreign loans as export advances
Dodging stringent rules on foreign loans have come back to haunt several companies. These entities have masked cheaper foreign currency loans – known as ‘external…