Goa govt to seek relief for geniune FEMA violation cases

The Goa government will seek concession in genuine cases of foreigners, whose properties have been served notices by Enforcement Directorate (ED) for violation of Foreign Exchange Management Act (FEMA).

IPL team Rajasthan Royals slapped with Rs 100 crore penalty

Indian Premier League franchise Rajasthan Royals have been slapped a Rs 100 crore penalty by the Enforcement Directorate (ED) for alleged Foreign Exchange Maintenance Act violations.

BJP seeks explanation for amendments in FEMA

Opposition BJP on Thursday sought explanation from the government for making amendments in the Foreign Exchange Management Act (FEMA) to allow FDI in multi-brand retail retrospective.

Speaker rejects BJP, Left demand for separate debate on FEMA

Opposition BJP and Left parties demanded separate debates with voting on FDI in retail and related amendments in Foreign Exchange Management Act.

BJP is against rushing through FEMA notification in Parl

BJP on Tuesday said it is against rushing through FDI-related FEMA notification in Parliament along with the main debate on the issue.

Have not broken any laws: Baba Ramdev

Refuting that his trust has violated any FERA norms, Baba Ramdev hit back at the govt saying that there was an attempt to malign him.

SC asks Chandraswami to deposit Rs 25 lakh penalty

The Supreme Court directed
self-proclaimed godman Chandraswami to deposit Rs 25 lakh
within a week as the first tranche of penalty in several FEMA
violation cases registered by the Enforcement Directorate.

ED notice to suspended MP IAS couple

Suspended MP IAS couple have been issued ED notice for violating the FEMA.