https://www.taxtmi.com/news?id=3590 Directorate of Enforcement issued Show Cause Notices for alleged contraventions of the Foreign Exchange Management Act, 1999 with related prima facie money laundering registrations under the Prevention of Money Laundering Act, 2002. RBI entertains compounding applications for admitted procedural FEMA contraventions except those under Section 3(a), and the government reported numbers of such applications for the cited periods. Penalties prescribed by law are not indexed to price rise. en-us Wed, 08 Aug 2012 18:02:34 +0530 Wed, 08 Aug 2012 18:02:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3590 Directorate of Enforcement issued Show Cause Notices for alleged contraventions of the Foreign Exchange Management Act, 1999 with related prima facie money laundering registrations under the Prevention of Money Laundering Act, 2002. RBI entertains compounding applications for admitted procedural FEMA contraventions except those under Section 3(a), and the government reported numbers of such applications for the cited periods. Penalties prescribed by law are not indexed to price rise. News - Wed, 08 Aug 2012 18:02:34 +0530 https://www.taxtmi.com/news?id=3590