FEMA violations in India often arise from export proceeds not being realized on time, incorrect reporting of import payments, mismanagement of foreign liabilities, improper FDI structuring, and failure to maintain mandatory documentation for cross-border transactions. As regulators intensify their oversight, businesses are increasingly vulnerable to scrutiny for mismatches between customs data, bank reports, invoices, and declarations submitted to authorities. Errors such as non-closure of EDPMS or IDPMS entries, incomplete FLA reporting, delays in share allotment under FDI, incorrect pricing under ODI, and misuse of foreign remittance channels can result in penalties or investigations under FEMA. Sriya Enterprise assists organizations in identifying gaps, regularizing past non-compliance, and setting up preventive controls to eliminate future risks. With a structured approach to documentation, reconciliation, advisory, and liaison with AD banks and regulators, we ensure businesses stay fully compliant.
The Enforcement Directorate (ED) has declared that 2025 will see a sharpened focus on violations under the Foreign Exchange Management Act (FEMA), according to its Director, Rahul Navin. This marks a significant regulatory shift: FEMA compliance is being elevated to…
