Finance ministry now notifying authority for any change in FDI policy
Four years after the Foreign Exchange Management Act, 1999 (Fema) was amended to switch control on equity inflows from the central bank to the North Block, the finance ministry has finally notified Foreign Exchange Management (Non-debt Instruments) Rules, 2019 that deals with all forms of non-debt investments.
Overseas Citizens of India may now subscribe to National Pension System
The National Pension Scheme was first notified for all government emp...
ED questions Jet founder Naresh Goyal in FEMA case
According to people in the know, Goyal was questioned at the ED’s Mumbai office on issue r...
Jet formed illegal pacts with related offshore parties
Investigators found that Jet Airways leased aircraft from 'ghost offshore' cos & paid lease rentals to them.
Naresh Goyal questioned by ED in FEMA violation case
This is the first time the federal agency probing the airline under FEMA is questioning the embattled founder.
PWC fined Rs 230 crore for Foreign Exchange Management Act violation
An investigation against PwC and its functionaries commenced on the basis of specific input stating that the company had allegedly received huge foreign investments from abroad in the guise of ‘grants’.
Jet Airways founder Naresh Goyal questioned by ED in FEMA violation case
The Enforcement Directorate (ED) probing foreign investment in the defunct carrier’s loyalty programme is questioning Jet Airways founder Na...
ED slaps over Rs 229-crore FEMA show cause penalty against PwC
They said the notice was issued under the Foreign Exchange Management Act (FEMA) after completion of probe by the adjudicating authority which is the Special Director (Eastern Region) of the Enforcement Directorate. .
ED searches Jet Airways founder Naresh Goyal's premises in Delhi, Mumbai
Searches are being carried out under the provisions of the FEMA and are aimed at gathering additional evidence, ED officials said.
CBI raids Amnesty India offices in Bengaluru and New Delhi
"The CBI on Friday conducted searches at the offices of Amnesty International India Private Limited and Indians for Amnesty International Trust in Bengaluru and New Delhi," said Amnesty India in a statement.
Introduction to export economy: A guide to securing your goods’ value
One thing to always keep in mind is that the challenge in exports never lies in its volume, but in its structure.
FDI rises 3 pc to $6.95 billion in April: Piyush Goyal
As per data available for April 2019, an amount of USD 6.95 billion has been reported as FDI inflows, which is 3 per cent more compared to April 2018 (USD 6.77 billion).
BCCI may face Rs 1,600 crore Fema violation bouncer
Board remitted money to Cricket Australia and Cricket South Africa for Champions League T20 without RBI nod.
ED may summon Naresh Goyal in Jet Airways privilege case
The Enforcement Directorate is studying allegations of tax evasion of more than Rs 650 cr against Jet and its units.
Hurriyat leader Syed Ali Shah Geelani charged under FEMA Act
Massive crackdown on terror in the valley, Kashmiri separatist Hurriyat leader Syed Ali Shah Geelani charged under FEMA Act. More details wi...
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