Tag: FEMA
US federal agency fires manager who told staff to skip homes with Trump signs
Nov 10, 2024 07:30 AM IST The employee who ordered workers to bypass homes with yard signs supporting President-elect Donald Trump has been fired A…
FEMA: Compounding rules eased to speed up FEMA cases
The finance ministry on Thursday raised the monetary limits of contraventions that can be compounded by relevant officers under the Foreign Exchange Management Act (FEMA)…
Finance Ministry modifies compounding rules for offences under FEMA
The Finance Ministry on Thursday modified the compounding rules for offences under the Foreign Exchange Management Act (FEMA) by raising the monetary limits for adjudications…
Plan in works to put FPI & FDI rules on equal footing
NEW DELHI: India is considering a plan to allow full fungibility between foreign portfolio investment (FPI) and foreign direct investment (FDI) in sectors where 74%…
Paytm bank: ED tapped RBI for more info on FX violations by Paytm Bank users
The Directorate of Enforcement (ED) sought additional information from the Reserve Bank of India (RBI) less than two months ago, on alleged violation of the…
Byjus FEMA violations: ED finds Rs 9,000 crore FEMA violation by embattled edtech Byju’s
The Enforcement Directorate has found Foreign Exchange Management Act (FEMA) violations to the tune of Rs 9,000 crore by edtech major Byju’s, people familiar with…
Angel tax: Experts suggest safe harbour for investment via convertible preference shares too
The I-T department’s draft rules on valuation of funding in unlisted startups for calculating ‘angel tax‘ will bridge the gap between the rules outlined in…
‘Brought more FDI than any other…’ : Byju’s CEO after ED searches its premises
After financial crime-fighting agency ED searched Byju‘s premises, the education platform’s CEO Byju Raveendran wrote to employees saying the company brought more FDI to India…
UPI for foreign travellers, NRIs: Passport, visa physical verification must for issuance; RBI releases guidelines
The Reserve Bank of India (RBI) on February 10, 2023, released guidelines on the issuance and use of Unified Payments Interface (UPI) by foreign travellers…
Us Eb-5 visa: What are risks involved while getting US EB-5 visa program and how to manage them?
The U.S. EB-5 Investor Visa Program has become a popular tool for wealthy Indian families looking to migrate overseas. The visa program provides an opportunity…