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India: ED issued 2,321 notices; imposes penalty of Rs 225 crore in 3 yrs
12 Aug 2016

The Enforcement Directorate has issued 2,321 show cause notices to different individuals and entities for various financial offences under the FEMA and imposed penalty of Rs 225 crore in last three years, Lok Sabha was informed today.

Minister of State for Finance Santosh Gangwar said ever since the NDA government came to power, a number of steps have been taken pro-actively that include significant decisions in the first cabinet meeting itself.

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