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HC asks Google to pay 50% FEMA fine
Mint Bangalore
|April 16, 2025
The Karnataka High Court has directed Google India and three of its senior executives to deposit 50% of the penalties imposed, for alleged Foreign Exchange Management Act (FEMA) violations, as bank guarantees.
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The Enforcement Directorate (ED) had earlier levied a penalty of ₹5 crore on Google India, along with a combined penalty of ₹45 lakh on the three officials. The case pertains to alleged violations of
Dit verhaal komt uit de April 16, 2025-editie van Mint Bangalore.
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