FEMA probe against Amazon initiated by the Enforcement Directorate
Thu, Jan 28, 2021 9:15 PM

FEMA probe against Amazon initiated by the Enforcement Directorate

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The Enforcement Directorate (ED) has started a probe against e-commerce giant Amazon for alleged violation of the foreign exchange law and rules of the country, official sources said on Thursday. The probe is being conducted under various sections of the Foreign Exchange Management Act (FEMA) after the central probe agency recently received a communication from the Commerce Ministry.

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