statutory declarations

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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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