COMMENTS ON FEMA (FOREIGN EXCHANGE AND MANAGEMENT ACT

FEMA requires observation of its provisions in letter and spirit and if any contravention may land in penalties on the erring company and individuals. There are various conditions and stipulations in case of FDI , ODI , investment by individuals in foreign shares , purchase of assets in foreign countries , extending guarantees , availing ECBs , supplier's credit . In this column , I will discuss all intricacies and complications involving the interpretation of FEMA Act provisions in detail.

Showing posts with label NFRA levies Rs 10 crore fine on BSR & Associates for audit defaults. Show all posts

Saturday, August 24, 2024

#NFRA LEVIED A HEFTY RS 10-CR PENALTY ON BSR & ASSOCIATES AUDIT FIRM IN COFFEE DAY CASE AND DEBARS TWO OF ITS AUDITORS.

#NFRA LEVIED A HEFTY RS 10-CR PENALTY ON BSR & ASSOCIATES AUDIT FIRM IN COFFEE DAY CASE AND DEBARS TWO OF ITS AUDITORS.