Now, NRIs can invest in National Pension System

Last Updated: Wednesday, July 22, 2015, 15:15

The government will shortly come out with a clarification on FEMA guidelines to facilitate non-resident Indians to invest in National Pension System.

Immunity from FEMA for disclosures of black money: Govt

Last Updated: Monday, July 6, 2015, 18:25

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.

Opposition flays govt for clubbing non-money aspects with Finance Bill

Last Updated: Thursday, May 7, 2015, 19:16

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.

Govt allows REITs to raise funds from overseas investors

Last Updated: Wednesday, May 6, 2015, 23:02

In a major boost to Real Estate Investment Trusts, the government Wednesday approved changes to FEMA regulations that will allow such instruments to tap foreign funds.

'Govt amending law to provide compensation to duped investors'

Last Updated: Friday, May 1, 2015, 17:49

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.

ED issues Rs 3,600 cr FEMA notice to Sahara for London property

Last Updated: Friday, February 6, 2015, 21:37

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.

ED imposes Rs 1.83 cr penalty on Pune-based builder

Last Updated: Wednesday, January 14, 2015, 20:39

Enforcement Directorate today imposed a penalty of Rs 1.83 crore on a Pune-based construction magnate for alleged Foreign Exchange Management Act (FEMA) violation.

2G case: ED issues notices on FEMA violations of Rs 3,805 cr

Last Updated: Wednesday, July 10, 2013, 19:35

The notices sent to these companies have cited various charges of violation of RBI guidelines in place for receipt of Foreign Direct Investment (FDI) and routing of funds to and from foreign shores.

IPL spot-fixing: ED widens probe

Last Updated: Monday, June 10, 2013, 20:40

The Enforcement Directorate (ED) has widened its probe into financial transactions linked to the organising of various IPL T20 cricket editions with special focus on allegations of money laundering and hawala that have surfaced after police investigations.

ED probing any FEMA violation by Bharti-Walmart

Last Updated: Tuesday, April 30, 2013, 18:35

Violation of foreign direct investment (FDI) regulations is covered under the penal provision of FEMA.

Goa govt to seek relief for geniune FEMA violation cases

Last Updated: Wednesday, April 3, 2013, 19:40

The Goa government will seek concession in genuine cases of foreigners, whose properties have been served notices by Enforcement Directorate (ED) for violation of Foreign Exchange Management Act (FEMA).

IPL team Rajasthan Royals slapped with Rs 100 crore penalty

Last Updated: Monday, February 4, 2013, 20:53

Indian Premier League franchise Rajasthan Royals have been slapped a Rs 100 crore penalty by the Enforcement Directorate (ED) for alleged Foreign Exchange Maintenance Act violations.