December 26, 2024
Random News

News Express

News at your Finger Tips

Tag: Foreign Exchange Management Act

ED conducts pan-India raids on sellers using e-commerce platforms Amazon, Flipkart | India News – Times of India

admin02 mins

NEW DELHI: The Enforcement Directorate (ED) on Thursday launched a series of searches across India targeting certain vendors operating on major e-commerce platforms Amazon and Flipkart, according to PTI sources.The raids, part of an ongoing probe under the Foreign Exchange Management Act (FEMA), spanned multiple locations, including Delhi, Gurugram, Hyderabad, and Bengaluru.According to officials, the…

Read More

Surat-based SEZ entity on ED radar for ‘illegal’ forex remittances of over ₹4,000 cr – ET Retail

admin07 mins

New Delhi: A Surat-based jewel firm operating from a 20*22 feet commercial office in a special economic zone (SEZ) has come under the radar of Enforcement Directorate (ED) for allegedly making illegal outward remittances to the tune of over ₹4,000 crore. The agency last week filed a complaint with the agency’s Adjudicating Authority under relevant…

Read More

Ashok Gehlot’s son Vaibhav Gehlot summoned by ED in Rajasthan FEMA case | Jaipur News – Times of India

admin01 mins

NEW DELHI: The Enforcement Directorate (ED) has summoned Rajasthan chief minister Ashok Gehlot’s son Vaibhav Gehlot for questioning on October 27 in Jaipur.The ED has reportedly called Vaibhav to appear before it in the Foreign Exchange Management Act (FEMA) case.Ashok Gehlot informed about the development on social media platform X. More details awaited Source link

Read More