India's financial crime-fighting agency, the Enforcement Directorate, is investigating if Paytm, run by One 97 Communications, violated foreign exchange rules. The specific provisions of the Foreign Exchange Management Act (FEMA) being investigated were not disclosed. Paytm denies the allegations and states that no overseas remittances can be initiated from its bank accounts. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
