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Foreign Exchange Management Act (FEMA)

Coverage of Foreign Exchange Management Act (FEMA) in the Nexus archive.

Earliest in view: Jun 11 · 05:34 UTCMost recent: Jun 11 · 05:34 UTC

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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.