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PwC FEMA Case: PMLA Tribunal Confirms Breach, Slashes Penalty By Over Rs 150 Crore

PwC FEMA Case: PMLA Tribunal Confirms Breach, Slashes Penalty By Over Rs 150 Crore

ED in 2019 issued FEMA notice against PwC for illegally routing FDI into a non-permitted sector by disguising capital inflows as grants.

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