menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

ED Raids O...
source image

Inc42

6d

read

1k

img
dot

Image Credit: Inc42

ED Raids Offices Of Amazon, Flipkart Sellers

  • The Enforcement Directorate (ED) has reportedly raided the offices of some sellers registered with Amazon and Flipkart.
  • The raids are part of a probe into alleged violations of the Foreign Exchange Management Act (FEMA).
  • Search operations were conducted in New Delhi, Mumbai, Bengaluru, Gurugram, and Hyderabad.
  • The ED is investigating alleged financial transactions by "preferred" vendors and sellers on the platforms.

Read Full Article

like

24 Likes

For uninterrupted reading, download the app