fema

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    Jeffries: Trump's Policies Fuel Iran War Costs

    Washington, March 17 – House Minority Leader Hakeem Jeffries launched a sharp attack on President Donald Trump and Republicans, accusing them of pushing policies that have raised costs for Americans while drawing the United States into a “reckless war of choice” against Iran.“This is a very...
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    Hawala Transactions Under Scrutiny: FEMA Case Uncovers Overseas Assets

    Ahmedabad, February 25 – The Enforcement Directorate’s (ED) Ahmedabad zonal unit conducted searches at nine locations in Ahmedabad on Wednesday, targeting the premises of the Anas Group and its associated partners, officials said.The group is involved in the processing, packaging, and...
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    Winzo Assets Frozen Under FEMA Allegations of Illegal Investments

    Bengaluru, February 19 – The Enforcement Directorate (ED) in Bengaluru has seized assets worth ₹590 crore from Winzo Pvt. Ltd. and its subsidiary, Zo Pvt. Ltd., under Section 37A of the Foreign Exchange Management Act, 1999.The action followed suspected violations of Section 4 of FEMA...
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    DC Declares Emergency, Seeks FEMA Assistance for Potomac River Spill

    Washington, February 19 – Washington Mayor Muriel Bowser has declared the month-long Potomac River sewage spill a local public emergency to request federal support.On January 19, a section of the Potomac Interceptor, a major sewage pipeline operated by DC Water – the main water utility that...
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    FEMA Investigation Reveals ₹9.59 Cr Misrepresentation by NewsClick

    New Delhi, February 16 The Enforcement Directorate (ED) said on Monday that it has imposed a ₹184 crore penalty under the FEMA against the news portal NewsClick and its founder and editor-in-chief, Prabir Purkayastha, who came under the scrutiny of the investigating agencies on allegations of...
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    Illegal Remittances Lead to ₹184 Crore Penalty in Newsclick Case

    New Delhi, February 16 – An adjudicating authority under the Foreign Exchange Management Act, 1999 (FEMA) imposed a penalty of ₹184 crore on controversial journalist and production company owner Prabir Purkayastha and his firm for violating FDI norms and illegal foreign inward remittances, an ED...
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    FEMA Violation: ED Imposes Rs 184 Crore Fine on NewsClick

    New Delhi, February 16 The Enforcement Directorate has imposed a penalty of Rs 184 crore under the FEMA against the news portal NewsClick and its editor-in-chief, Prabir Purkayastha, official sources said on Monday.The order specifies that the company that owns the portal – PPK NEWSCLICK...
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