FEMA Violations.

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..... FEMA Violations. - News and Press Release Dated:- 2-9-2011 - News - Press Information Bureau Government of India Ministry of Finance 02-September-2011 18:06 IST FEMA Violations .....

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..... The Foreign Exchange Management Act, 1999 is a civil act in nature as such there is no provision for launching the prosecutions. During the last three years i.e. 2009-10,2010-11 and 2011-12 (up .....

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..... to July 2011) , the Directorate of Enforcement has issued 990 Show Cause Notices to various persons/firms under Foreign Exchange Management Act,1999 (FEMA), for initiating the adjudication proceeding .....

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..... s. The Zone-wise details of the Show Cause Notices issued during the last three years is as under: - Zone No. of SCN issued Ahmedabad 39 Bangalore 62 .....

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..... Chandigarh 102 Chennai 163 Cochin 241 Delhi 20 Hyderabad 55 Lucknow 92 Kolkata 84 Mumbai .....

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..... 13 This information was given by the Minister of State for Finance, Shri S.S.Palanimanickam in written reply to an Unstarred Question in Lok Sabha today. DSM/ PM - News - Pres .....

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..... s release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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