Foreign Exchange Management Act
-
{
- All
- News
- Videos
-
Probe Agency ED Raids Kerala Trust Over Rs 220 Crore Foreign Funds
The Directorate of Enforcement (ED), Kochi Zonal Office, conducted search operations on July 31, at two locations in Kasaragod, Kerala, under the provisions of the Foreign Exchange Management Act (FEMA), 1999.
-
ED Seizes Rs. 8.26 Crore in Case Against Pigeon Education Technology, Alleges Firm Is Chinese-Owned
The Enforcement Directorate (ED) has seized Rs 8.26 crore in a case against Pigeon Education Technology India Private Limited under provisions of the Foreign Exchange Management Act (FEMA), 1999, according to an official statement issued on Friday. In its statement, the ED said that an investigation found that the company was owned by Chinese nati...
-
ED Freezes WazirX Funds Worth Rs 64-Cr for 'Assisting' in Money Laundering
The Directorate of Enforcement (ED) said it had conducted searches on the premises of one of the directors of crypto exchange WazirX, and has issued an order to freeze their bank balances over Rs 60 crore. The ED has been conducting Money Laundering investigation against a number of Indian non-banking finance companies (NBFCs) and their fintech par...
-
Rs 10 Crore Penalty For Ex Amnesty India Head For Forex Violation
Amnesty India International Pvt. Ltd and its former CEO Aakar Patel have been slapped with penalty of Rs 51.72 crore and Rs 10 crore respectively for contravention of the foreign exchange law, the ED said on Friday.
-
Assets Of Nagpur Le Meridien Owner, Relatives Worth Rs 40 Crore Seized
The Enforcement Directorate (ED) has seized assets worth Rs 40.34 crore belonging to real estate businessman Avinash Bhosle and his family members in connection with a case against him under the Foreign Exchange Management Act.
-
Enforcement Directorate Issues Notice To Karti Chidambaram, Chennai Health Firm
The Enforcement Directorate (ED) has issued a show cause notice to Karti Chidambaram, son of senior Congress leader P Chidamabarm, and a firm purportedly linked to him for alleged violation of FEMA to the tune of Rs 45 crore.
-
Blackmoney: Enforcement Directorate Scanner on Indians Named in HSBC List
Tightening the noose around Indians whose names figured in the 'stolen' Swiss HSBC bank black money list, the Enforcement Directorate has begun a preliminary investigation in these cases for an independent hawala and money laundering probe.
-
Enforcement Directorate Records Shah Rukh Khan's Statement; Final Notice Soon
With the Enforcement Directorate recording the statement of Bollywood actor Shah Rukh Khan in a foreign exchange violations case, investigations into a major case of alleged financial irregularities in T-20 cricket tournament IPL is set to complete soon.
-
Probe Agency ED Raids Kerala Trust Over Rs 220 Crore Foreign Funds
The Directorate of Enforcement (ED), Kochi Zonal Office, conducted search operations on July 31, at two locations in Kasaragod, Kerala, under the provisions of the Foreign Exchange Management Act (FEMA), 1999.
-
ED Seizes Rs. 8.26 Crore in Case Against Pigeon Education Technology, Alleges Firm Is Chinese-Owned
The Enforcement Directorate (ED) has seized Rs 8.26 crore in a case against Pigeon Education Technology India Private Limited under provisions of the Foreign Exchange Management Act (FEMA), 1999, according to an official statement issued on Friday. In its statement, the ED said that an investigation found that the company was owned by Chinese nati...
-
ED Freezes WazirX Funds Worth Rs 64-Cr for 'Assisting' in Money Laundering
The Directorate of Enforcement (ED) said it had conducted searches on the premises of one of the directors of crypto exchange WazirX, and has issued an order to freeze their bank balances over Rs 60 crore. The ED has been conducting Money Laundering investigation against a number of Indian non-banking finance companies (NBFCs) and their fintech par...
-
Rs 10 Crore Penalty For Ex Amnesty India Head For Forex Violation
Amnesty India International Pvt. Ltd and its former CEO Aakar Patel have been slapped with penalty of Rs 51.72 crore and Rs 10 crore respectively for contravention of the foreign exchange law, the ED said on Friday.
-
Assets Of Nagpur Le Meridien Owner, Relatives Worth Rs 40 Crore Seized
The Enforcement Directorate (ED) has seized assets worth Rs 40.34 crore belonging to real estate businessman Avinash Bhosle and his family members in connection with a case against him under the Foreign Exchange Management Act.
-
Enforcement Directorate Issues Notice To Karti Chidambaram, Chennai Health Firm
The Enforcement Directorate (ED) has issued a show cause notice to Karti Chidambaram, son of senior Congress leader P Chidamabarm, and a firm purportedly linked to him for alleged violation of FEMA to the tune of Rs 45 crore.
-
Blackmoney: Enforcement Directorate Scanner on Indians Named in HSBC List
Tightening the noose around Indians whose names figured in the 'stolen' Swiss HSBC bank black money list, the Enforcement Directorate has begun a preliminary investigation in these cases for an independent hawala and money laundering probe.
-
Enforcement Directorate Records Shah Rukh Khan's Statement; Final Notice Soon
With the Enforcement Directorate recording the statement of Bollywood actor Shah Rukh Khan in a foreign exchange violations case, investigations into a major case of alleged financial irregularities in T-20 cricket tournament IPL is set to complete soon.
