https://www.taxtmi.com/news?id=34848 Administrative adjudication under the foreign exchange regulatory framework found a digital news services entity retained full foreign ownership contrary to the prescribed foreign investment cap for digital media, resulting in an aggregate penalty against the company, daily fines for continued non compliance, and separate monetary penalties imposed on three directors for oversight during the period of alleged contravention. en-us Fri, 21 Feb 2025 19:46:04 +0530 Fri, 21 Feb 2025 19:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34848 Administrative adjudication under the foreign exchange regulatory framework found a digital news services entity retained full foreign ownership contrary to the prescribed foreign investment cap for digital media, resulting in an aggregate penalty against the company, daily fines for continued non compliance, and separate monetary penalties imposed on three directors for oversight during the period of alleged contravention. News - Fri, 21 Feb 2025 19:46:04 +0530 https://www.taxtmi.com/news?id=34848