Tag: foreign exchange management act
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…
India may let foreign investors raise capital in rupees to invest overseas, source says
NEW DELHI: India may allow certain foreign investors to raise capital in rupees for investments in select countries, a government official said, in a move…
Foreign investors may get a taste of ease of doing business
India could take steps to create a simpler regime for overseas investment by diluting the rigid distinction between foreign portfolio investment (FPI) and foreign direct…
Byju’s: Byju’s tells shareholders it is fully compliant with FEMA rules
Byju’s founder and chief executive Byju Raveendran has written a note to shareholders of the company informing them that the firm is fully compliant with…
Anil, Tina Ambani quizzed by ED in foreign exchange violation case. What is it?
Tina Ambani, wife of Reliance ADA Group chairperson Anil Ambani, appeared before the Enforcement Directorate (ED) in Mumbai on Tuesday for questioning in connection with…
angel tax: Exclusive: Valuation rules to be scanned for Angel Tax on foreign Investments
India will investigate the valuation rules for the so-called ‘angel tax’ on investments by overseas investors in start-ups. A senior official said the government is…