devdiscourse1d
Paytm in FEMA Soup: ED Issues Notice for Massive Rs 611 Crore Contravention
The Enforcement Directorate has issued a notice to Paytm's parent company, managing director, and subsidiaries for violations ...
Tax Guru3h
Regulatory Compliance for Wholly Owned Subsidiaries of Foreign Companies in India
A “WOS” (Wholly Owned Subsidiary) of a foreign company in India is required to file a “BEN-2” form with the Registrar of Companies (RoC) to declare its “Significant Beneficial Owners” (SBOs) ...
Why One 97 Communications, parent of Paytm, shares lost 4% in trade today?
The company has allegedly violated the Foreign Exchange Management Act (Fema) involving aggregate transactions worth over Rs ...
ED issues ₹611 crore show-cause notice to One97 Communication under FEMA
Paytm owner One97 Communications faces 4% stock plunge after ED notice for FEMA rules violation, impacting ₹611 crore ...
inc421d
Paytm Parent Failed To Inform RBI About Foreign Investment: ED
The ED sent a show cause notice to Paytm for alleged FEMA violations as its parent One97 Communications failed to report its ...
India Today on MSN1d
Paytm under ED lens for FEMA violations, failed to inform RBI on Singapore deal
The investigation agency said that Paytm failed to follow the rules under the Foreign Exchange Management Act (FEMA) while ...
ED notice to Paytm parent over Rs 611 crore Fema violation
The Enforcement Directorate (ED) has issued a show-cause notice to One97 Communications, the parent company of Paytm, over ...