Xiaomi and few other Chinese mobile manufacturing companies were raided by the Income Tax Department in December last year on charges of tax evasion.
Bengaluru: The Enforcement Directorate (ED) imposed a Rs 1,585 crore penalty on satellite services provider Devas Multimedia Ltd, its directors and foreign investors for illegal foreign investment of Rs 579 crore against the Foreign Exchange Management Act (FEMA) 1999, the agency said on Sunday. “The authority held Devas, its directors and foreign investors guilty of […]
New Delhi: Hurriyat Conference leader Syed Ali Geelani, who advocates Jammu and Kashmir’s merger with Pakistan, has been booked under the Foreign Exchange Management Act (FEMA), the Enforcement Directorate said on Friday. Geelani had been fined Rs 14.40 lakh following the confiscation of unaccounted foreign currency from his premises in Jammu and Kashmir on Wednesday, […]
New Delhi:The Enforcement Directorate has issued an order that virtually gags its officials posted at its headquarters here from interacting with journalists and said non-adherence to the new directive would invite “punitive action”. ED Director Sanjay Kumar Mishra issued a one-page memorandum Tuesday asking all its officers posted in the headquarters and the headquarters’ investigation […]
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