Compounding of contraventions under FEMA by RBI

Compounding of contraventions under FEMA by RBI The Foreign Exchange Management Act, 1999 (FEMA) is an act of the Parliament of India to consolidate and amend the laws relating to foreign exchange with the objective of facilitating external trade & payments and promoting the orderly development and maintenance of foreign exchange market in India. Section 15 of Foreign Exchange Management Act (FEMA), […] https://ift.tt/eA8V8J TaxGuru

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