https://www.taxtmi.com/news?id=73168 Foreign exchange management proceedings were initiated for alleged contraventions of FEMA arising from transactions of significant value, and the company applied to the Reserve Bank of India for compounding under the statutory framework. The Enforcement Directorate issued a no objection, after which the Reserve Bank passed a compounding order and the matter was treated as compounded on payment of the prescribed monetary amount. en-us Thu, 04 Jun 2026 18:31:05 +0530 Thu, 04 Jun 2026 18:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73168 Foreign exchange management proceedings were initiated for alleged contraventions of FEMA arising from transactions of significant value, and the company applied to the Reserve Bank of India for compounding under the statutory framework. The Enforcement Directorate issued a no objection, after which the Reserve Bank passed a compounding order and the matter was treated as compounded on payment of the prescribed monetary amount. News - Thu, 04 Jun 2026 18:31:05 +0530 https://www.taxtmi.com/news?id=73168