Saturday, February 5, 2022

Government says has received complaints against online firms alleging FDI policy violation

Any violation of FDI regulations are covered by the penal provisions of the FEMA (Foreign Exchange Management Act). The Reserve Bank of India (RBI) administers the FEMA, while the Directorate of Enforcement (ED) under the Ministry of Finance is the authority for the enforcement of the Act. https://ift.tt/xUcol7A

No comments:

Post a Comment

Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...