ED’s probe against BBC India: How it questions the validity of FEMA over its own .. - MMJC

In March 2023, ED initiated a probe against BBC India for FDI cap breach under the Foreign Exchange Management Act (FEMA).

Article Published in ETCFO delves into the the question can ministry clarifications via circulars which override regulations?

An article published by ETCFO – written by Partner – Makarand Joshi

Read more at:
https://cfo.economictimes.indiatimes.com/news/tax-legal-accounting/eds-probe-against-bbc-india-how-it-questions-the-validity-of-fema-over-its-own-rules/100409801