Rs 5,551-crore FEMA violation: ED issues show-cause notices to Xiaomi, 3 banks
Notice has also been issued to two senior employees of the company
Source: theweek.in
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Rs 5 551-crore FEMA violation ED issues show-cause notices to Xiaomi 2 senior executives 3 foreign banks
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
Rs 5,551-crore FEMA violation: ED issues show-cause notices to Xiaomi, 2 senior executives, 3 foreign banks
Under the FEMA, a show-cause notice is issued after the completion of the ED investigation and once it is settled, an accused is required to pay penalty.
Source: indianexpress.com
Notice To Xiaomi India Official, Others Over Rs 5,551 Crore Case
A show-cause notice, issued upon the conclusion of a FEMA investigation, could lead to penalties that amount to three times the total contravention amount, once the case is settled.
Source: ndtv.com
Rs 5,551-crore FEMA violation: ED issues show-cause notices to Xiaomi, two senior executives, three foreign banks
The Enforcement Directorate (ED) Friday said it has issued show-cause notices to Chinese mobile manufacturer Xiaomi
Source: orissapost.com