{"id":967588,"date":"2025-10-14T11:02:39","date_gmt":"2025-10-14T05:32:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=967588"},"modified":"2025-10-14T11:02:39","modified_gmt":"2025-10-14T05:32:39","slug":"admit-mistake-pay-penalty-ed-offers-to-close-fema-violation-case-against-flipkart-on-conditions-what-we-know","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/14\/admit-mistake-pay-penalty-ed-offers-to-close-fema-violation-case-against-flipkart-on-conditions-what-we-know\/","title":{"rendered":"\u2018Admit mistake, pay penalty\u2019: ED offers to close FEMA violation case against Flipkart on conditions \u2014 What we know"},"content":{"rendered":"<p>The Enforcement Directorate (ED) has offered to close the Foreign Exchange Management Act (FEMA) violations-related probe against e-commerce major Flipkart, under certain conditions, PTI reported, citing sources.<\/p>\n<p>The agency has told Flipkart that the case could be concluded if it admits wrongdoing and pays a penalty. \u201cED has given the option of compounding to Flipkart. ED has asked Flipkart to admit its mistake, pay a penalty and dismantle the seller network associated with it,\u201d a source told PTI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Enforcement Directorate (ED) has offered to close the Foreign Exchange Management Act (FEMA) violations-related probe against e-commerce major Flipkart, under certain conditions, PTI reported, citing sources. The agency has told Flipkart that the case could be concluded if it admits wrongdoing and pays a penalty. \u201cED has given the option of compounding to Flipkart. ED has asked Flipkart to admit its mistake, pay a penalty and dismantle the seller network associated with it,\u201d a source told PTI.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-967588","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/967588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=967588"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/967588\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=967588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=967588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=967588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}