You Searched For "FEMA"
RBI issues clarification on currency derivatives circular, defers...
The RBI said that the postponement in the date of implementation of the circular, by about a month, has been made in view of feedback received and...
I-T dept moots norms on Angel Tax
Draft rules on valuation of funding in unlisted startups for calculating Angel Tax will bridge the gap between the rules outlined in FEMA and I-T; But...
ED seizes Rs 8.26cr of Chinese edtech firm
New Delhi: The Enforcement Directorate on Friday said it has seized funds worth Rs 8.26 crore of a Bengaluru-based online education company, fully...
Survival of startups depends on their corporate governance ethics
The raids at Byju’s highlight many issues concerning corporate governance, domicile and taxation. The ongoing funding winter in the startup ecosystem...
No FEMA violations detected at Byju's: ED
While the searches revealed that the firm received FDI to tune of Rs28,000 cr during 2011- 2023, the material collected so far doesn’t indicate any...
Investors may shun Byju’s post ED raids
Though ED has not come out on wrong doings on the part of Byju’s post the searches, its action has raised worry lines among investors with regard to...
Remitted money for overseas acquisitions, says Byju’s CEO
Laments after ED search, says Byju's brought more FDI to India than any other startup
ED raids Bengaluru-based edu firm for FEMA violations
The Enforcement Directorate on Thursday said it carried out searches against a Bengaluru-based online education company, fully owned and controlled by...
