https://www.taxtmi.com/news?id=37657 The Enforcement Directorate searched Bengaluru premises investigating alleged FEMA violations in which funds attributed to a private funding agency and its impact investment arm were brought into India through subsidiaries and consultancy fees, allegedly functioning as FDI and then used to fund NGOs contrary to administrative restrictions; the probe concentrates on intermediaries described as subsidiaries and the end use of those FDI flows. en-us Tue, 18 Mar 2025 16:01:05 +0530 Tue, 18 Mar 2025 16:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37657 The Enforcement Directorate searched Bengaluru premises investigating alleged FEMA violations in which funds attributed to a private funding agency and its impact investment arm were brought into India through subsidiaries and consultancy fees, allegedly functioning as FDI and then used to fund NGOs contrary to administrative restrictions; the probe concentrates on intermediaries described as subsidiaries and the end use of those FDI flows. News - Tue, 18 Mar 2025 16:01:05 +0530 https://www.taxtmi.com/news?id=37657