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FEMA

Amendment in FEMA Rules for LIC

The rules of the Foreign Exchange Management Act (FEMA) have been amended by the government to pave way...

📅 April 19, 2022

Karnataka High Court quashes ED freeze on Greenpeace Bank Accounts

The Karnataka High Court has quashed the order of Enforcement Directorate (ED) which froze the bank accounts of Greenpeace India....

📅 February 25, 2019

RBI tightens reporting norms for Liberalised Remittance Scheme

The Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which...

📅 April 13, 2018

RBI eases FEMA norms to spur investment from overseas

The Reserve Bank of India (RBI) has simplified Foreign Exchange Management (Transfer or Issue of Security by a...

📅 November 10, 2017

RBI prohibits investments in non-cooperative countries and territories

The Reserve Bank of India (RBI) has prohibited Indian entities from making direct investments in any entity located...

📅 January 27, 2017

Wal-Mart gets clean chit in FEMA case

World’s largest supermarket chain Wal-Mart, got a clean chit from ED (Enforcement Directorate) in the FEMA (Foreign Exchange Management...

📅 October 18, 2013

Lok Sabha clears FDI in retail

Lok Sabha gave the approval to FDI in multi-brand as the opposition motion seeking immediate back down of...

📅 December 7, 2012

Enforcement Directorate sent 220 FEMA Notices in past 3 Years

Enforcement Directorate (ED) sent 220 show cause notices under Foreign Exchange Management Act (FEMA) in past 3 years....

📅 December 2, 2012

Apex court refuses to interfere with policy on FDI in retail

Asserting that Policy making is exclusive right of the executive, the Supreme Court refused to interfere with the...

📅 November 6, 2012

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