FEMA chief says Irma path is 'worst-case scenario' for Florida Keys
The new path forged by Hurricane Irma posed a severe threat to Florida`s west coast and the Florida Keys, the head of the US federal emergency agency said on Sunday, and the storm was bringing tornado watches and warnings around the state.
Sep 10, 2017, 20:10 PM IST
Hurricane Irma will 'devastate' United States: Official
He warned that parts of Florida would be out of electricity for days if not longer and that more than 100,000 people may need shelter.
Sep 08, 2017, 17:53 PM IST
KKR owner Shah Rukh Khan summoned over alleged FEMA violation in IPL
In March, the agency had issued a show-cause notice to SRK and his wife Gauri, actor-friend Juhi Chawla and others. But Bollywood superstar had not appeared before the agency.
Jul 20, 2017, 19:52 PM IST
'IT dept sent 266 requests overseas in Panama papers probe'
The Income Tax department has sent over 260 requests overseas seeking information in connection with its tax evasion probe in the Panama papers leak case.
May 03, 2017, 23:20 PM IST
ED issues show cause notice to KKR owners Shah Rukh Khan, Gauri Khan, Juhi Chawla for violating FEMA guidelines
KKR are the two-time champions of cash-rich IPL.
Mar 24, 2017, 19:07 PM IST
RBI prohibits investments in 'non-cooperative countries'
Reserve Bank on Wednesday prohibited Indian entities from making direct investments in any entity located in 'non co-operative countries and territories', as identified by the inter-governmental body FATF.
Jan 25, 2017, 19:50 PM IST
ED to resume questioning of Air Asia CFO in FEMA violation case
Enforcement Directorate (ED) will once again question Air Asia Chief Financial Officer (CFO) Ankur Khanna under the Foreign Exchange Management Act (FEMA) to probe alleged fraudulent transactions of Rs. 22 crore.
Dec 26, 2016, 09:40 AM IST
Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption
Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and the case will now have to be legally settled.
Aug 01, 2016, 16:06 PM IST
RBI imposes Rs 27-crore penalty on 13 banks
Reserve Bank of India (RBI) has imposed Rs 27-crore penalty on 13 public and private sector banks of the country for violation of Know Your Customer (KYC) norms.
Jul 27, 2016, 20:05 PM IST
Capt Amarinder slams Jaitley for 'fraud notice' against his son
Former Punjab chief minister Captain Amarinder Singh on Monday dubbed the Enforcement Directorate summon issued against his son Raninder Singh for alleged violation of the Foreign Exchange Management Act (FEMA) as 'fraud notice' and said Union Finance Minister Arun Jaitley can't get over his defeat in the 2014 general election.
Jun 06, 2016, 18:30 PM IST
VVIP chopper scam: Enforcement Directorate tried to dilute probe, delay money trail investigation?
Every day there is a new and shocking development in AgustaWestland VVIP chopper scam!
May 05, 2016, 10:55 AM IST
Freedom 251: ED probing Ringing Bells for alleged FEMA violation
The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.
Mar 16, 2016, 18:05 PM IST
Black money: RBI invites applications for regularisation of declared wealth
The Reserve Bank Wednesday said that those who have declared unaccounted overseas assets under the blackmoney law should file application with its central office for regularisation of declared wealth.
Feb 10, 2016, 22:26 PM IST
No FEMA action for disclosure under black money window: RBI
RBI Wednesday said no action under FEMA will be taken against declarations under one-time black money compliance window, which ends today.
Sep 30, 2015, 20:48 PM IST
No action under FEMA for disclosures during black money window
Government has clarified that all those declaring overseas assets during the black money compliance window will not face any penalty or prosecution under FEMA and four other laws.
Sep 30, 2015, 18:55 PM IST
No action under FEMA against black money declarants: RBI
In a bid to encourage disclosure of undeclared assets held abroad, the Reserve Bank of India Thursday said no action under FEMA will be taken against declarations under one-time compliance window ending on Wednesday.
Sep 24, 2015, 22:10 PM IST
Immunity from FEMA for disclosures of black money: Govt
The government will give immunity from prosecution under FEMA, Prevention of Money Laundering Act and four other laws to persons declaring undisclosed foreign assets under the compliance window of the new Black Money Act.
Jul 06, 2015, 18:25 PM IST
Opposition flays govt for clubbing non-money aspects with Finance Bill
The objection was made as soon as the House decided to take up the Appropriation Bill 2015 and the Finance Bill 2015 for discussion in the Upper House.
May 07, 2015, 19:16 PM IST
'Govt amending law to provide compensation to duped investors'
Thousands of crores of rupees are stuck in these schemes as CBI Director Anil Sinha had recently said that Rs 80,000 crore of 6 crore investors stands locked in such scams probed by the agency.
May 01, 2015, 17:49 PM IST
ED issues Rs 3,600 cr FEMA notice to Sahara for London property
Enforcement Directorate (ED) on Friday slapped a show cause notice on Sahara group for alleged violations of foreign exchange laws to the tune of Rs 3,600 crore in connection with the purchase of a luxury property in London few years back.
Feb 06, 2015, 21:37 PM IST
