Tag: FEMA

Enforcement Directorate(ED) has fined Hurriyat Conference leader Syed Ali Geelani and booked him under the Foreign Exchange Management Act (FEMA).He has been booked for illegal possession of foreign exchange under FEMA act,1999. The Foreign Exchange Management Act,1999 (FEMA) is an Act of the Parliament of India to consolidate and amend the law relating to foreign… Continue reading ED slaps ₹14.40 lakh penalty, confiscates ₹6.8 lakh in FEMA case against Geelani