News RBI Expands Alert List with 19 New Unauthorized Forex Trading Entities With this, the central bank has banned a total of 79 forex trading platforms so far. Vallari SanzgiriNovember 28, 2023
News Finance Ministry Rolls Back Changes Made to TCS for Foreign Remittances There shall be no TCS for payments amounting to less than Rs. 7 lakhs per financial year per individual through any mode of payment,... Sarvesh MathiJune 29, 2023
News ED issues notices to Xiaomi India and three banks for violating foreign exchange regulations Enforcement Directorate issued notices to Xiaomi India and CITI, HSBC and Deutsche bank AG for foreign exchange violation worth Rs. 5551.27 crore Sarasvati NTJune 12, 2023
News RBI adds eight more entities to list of banned forex trading platforms The RBI had first cautioned against unauthorized forex trading platforms in February 2022 after it noticed misleading advertisements Sarvesh MathiJune 9, 2023
News More Questions than Answers: Finance Ministry FAQs on FEMA Amendment Rules, 2023 These FAQs come in response to the removal of Rule 7 from FEMA, 2000 Kamya PandeyMay 19, 2023
News International credit card transactions just got more expensive with FEMA Amendment Rules 2023 Post this amendment, any foreign remittance above $250,000 made through a credit card will require prior approval from RBI Kamya PandeyMay 18, 2023
News Indian Enforcement Directorate raids Ed-Tech major BYJU’s premises in Bengaluru The searches were conducted under provisions of Foreign Exchange Management Act; ED said it found "incriminating" documents and data Sarasvati NTApril 29, 2023
News Assets worth Rs. 900 Cr frozen by ED while probing crypto frauds: MoS Finance in Parliament Cases of evasion of Goods and Services Tax by crypto exchanges have also been recorded, the response read. MitakshDecember 20, 2022
News RBI ‘Alert List’ names 34 unauthorised forex apps, users may get booked for transactions India's central bank RBI has released a non-exhaustive list of unauthorized apps trading in foreign exchange (forex), says FEMA will apply to users Akshit ChawlaSeptember 12, 2022
News Xiaomi accuses Enforcement Directorate of coercing its top executives: Report The smartphone manufacturer is once again in the crosshairs of Indian authorities. Sashwata SahaMay 9, 2022