Tag: enforcement directorate
Winzo founder Paavan Nanda vs ED: A timeline of key developments in the money laundering case
The Karnataka High Court has warned the Enforcement Directorate (ED) that it could impose Rs 1 lakh in costs if it finds the agency’s appeal…
Winzo Case: HC warns ED of costs if challenge to Nanda’s bail is ‘unnecessary’
The Karnataka High Court on Friday warned the Enforcement Directorate (ED) that it would impose costs of Rs 1 lakh if it found that the…
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…
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…
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…