From July 1, your credit card transactions abroad will get costlier. Not only will you have to pay a higher…
Browsing: Foreign Exchange Management Act
The Union government on Monday said that contribution by a foreign company cannot be treated as “foreign source” if it…
Amid pressure on the central bank to calm the currency and preserve foreign exchange reserves, there is a spurt in…
Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been “seized” for violating the Indian…
The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per…