Paytm, 2 arms get Rs 611cr ED notice, firm says alleged FEMA breach pertains to pre-acquisition period https://www.taxtmi.com/news?id=35779 A show cause notice under FEMA was issued to One97 Communications and two acquired businesses alleging investment-related contraventions for 2015-2019; certain alleged breaches involving the two acquired firms relate to periods before their 2017 acquisition, and the company is seeking legal remedies while stating there is no impact on its services. en-us Sat, 01 Mar 2025 22:16:02 +0530 Sat, 01 Mar 2025 22:16:02 +0530 TaxTMI RSS Generator Paytm, 2 arms get Rs 611cr ED notice, firm says alleged FEMA breach pertains to pre-acquisition period https://www.taxtmi.com/news?id=35779 A show cause notice under FEMA was issued to One97 Communications and two acquired businesses alleging investment-related contraventions for 2015-2019; certain alleged breaches involving the two acquired firms relate to periods before their 2017 acquisition, and the company is seeking legal remedies while stating there is no impact on its services. News - Sat, 01 Mar 2025 22:16:02 +0530 https://www.taxtmi.com/news?id=35779