ED summons industrialist Anil Ambani on November 14 in FEMA case

Nov 07, 2025

The ED is investigating alleged illegal outward remittances, undisclosed foreign assets and offshore entities in connection with Ambani and companies in the Reliance Anil...

Enforcement actions against online money gaming firms intensified ahead of IPL season

Mar 22, 2025

As per a statement from the Ministry of Finance on Saturday, around 700 offshore entities involved in the supply of online money gaming/betting/gambling are...

Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Panama papers

May 08, 2023

Three properties worth Rs 41 crores were seized by the Enforcement Directorate, under Foreign Exchange Management Act (FEMA) provisions, after the name of a...

US sanctions entities in Myanmar, Thailand for 'fraudulent investment scams online'

Nov 12, 2025

The United States has sanctioned five individuals and three entities located in Myanmar and Thailand, alleging their involvement in "forced labor compounds that carry...

Ministry of Finance addresses recent report on Swiss Bank Deposit

Jun 20, 2025

The Ministry of Finance on Friday addressed recent media reports concerning an increase in money deposited by Indian entities in Swiss bank accounts, providing...

Panama Paper leaks: ED raids Bengaluru firm in violation of FEMA

Jun 06, 2023

ED initiated the investigation under the provisions of FEMA, 1999 on the basis of Panama Paper leaks where the name of Rajendra Patil surfaced....