Page 5 - Fema

ED fines Standard Chartered Rs 100 cr for FEMA breach, penalises two others

TamilNad Mercantile Bank slapped with Rs 17 cr penalty, its former chief told to cough up Rs 35 cr

Overseas direct investment norms to be made simpler, based on principles

The regulator also intends to introduce late submission fee for delayed reporting of overseas direct investments (ODI) by Indian parties and resident Indians

BS READS: Vague gambling law lets offshore betting sites prey on Indians

Gambling is illegal in most parts of India, but British-era laws cover only land-based activities. Internet, with no boundaries, remains a legal grey area for bookmakers and bettors to thrive in

SC allows ED to attach JP Morgan's assets in FEMA violation case

JP Morgan was engaged in transactions with the now-defunct Amrapali Group to allegedly siphon off home buyers money in violation of the Foreign Exchange Management Act (FEMA) and FDI norms

AIF investments in Mauritius, Singapore and Honk Kong under Sebi lens

Regulator rejects overseas investments proposals of funds that fail to meet set parameters

Govt allows Indian public companies to directly list shares overseas

The move will help Indian companies get access to multiple jurisdictions for raising capital, with differing costs and listing conditions, said experts

No hostile takeover of Indian firms: New FDI guidelines come into effect

The updated FEMA Rules came into effect from Thursday midnight

Finance ministry exempts mutual funds from foreign-investor status

Govt has modified circular that classified MFs as investment vehicles

Forex scam: ED summons Edelweiss CEO; company denies any link to Capstone

The case pertains to violation of foreign exchange norms in transactions involving Mumbai-based Capstone Forex Private Limited

Govt tells e-commerce companies to file FDI-compliance report annually

According to government sources, this decision will help in ensuring compliance of FDI policy in the e-commerce sector

JBT scam: OP Chautala seeks early release from jail, HC reserves order

A bench of Justices Manmohan and Sangita Dhingra Sehgal, after hearing arguments of the counsel for Chautala and the Delhi government, reserved its order on the petition

Mutual funds give FEMA reporting a miss, await govt clarity on the issue

Mutual funds have to adhere to restrictions applicable to foreign investment

EC Lavasa's son, a firm linked to him are under ED lens for Fema violations

They said the agency has filed a case under the FEMA to probe Abir Lavasa and about Rs 7.25 crore funds raised early this year by a firm -- Nourish Organic Foods Pvt Ltd -- linked to him

FEMA norms may raise investment bar on foreign-owned mutual funds

Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities

ED attaches Mack Soft Tech's Rs 86-crore Q-City tech park in Hyderabad

ED initiated investigation on the basis of information that MSTPL remitted huge funds in contravention of FEMA

ED issues notice to Rahat Fateh Ali Khan under FEMA in 2011 case

This is the second time the Pakistani singer has had a brush with revenue intelligence agents

ED issues show cause notice to NDTV in Rs 40-billion FEMA violations case

The total contravention identified under the latest notice is Rs 43.69 billion

Bhargavi Zaveri & Radhika Pandey: Two litigations and a takeaway

Complexities of FEMA are used to dispute contractual obligations

FEMA cases filed against 15 companies over Rs 17,789.9 crore: Govt

These have received FDI from tax havens like Mauritius, Singapore and Virgin Islands

ED probing 81 FDI cases over Fema violation: Sitharaman

These 81 cases were between 2013 and June 30, 2016