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The Nexus
BUSINESSJun 11 · 05:34 UTCTHE HINDU NATIONAL

FEMA adjudicating authority imposes ₹184 crore penalty on NewsClick, founder Prabir Purkayastha

FEMA adjudicating authority has imposed an ₹184 crore penalty on NewsClick and its founder Prabir Purkayastha. The proceedings were initiated by the Enforcement Directorate under Section 16 of FEMA, alleging violations related to the receipt and utilisation of foreign funds.

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FEMA adjudicating authorityorganizationNewsClickorganizationPrabir PurkayasthapersonEnforcement DirectorateorganizationForeign Exchange Management Act (FEMA)topic
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