Menu
FEMA REGULATIONS
If someone purchases lotteries throuhh neteller or skrill, is that a violation of FEMA foreign remittances prohibited activities.
Replies (1)
Yes it is a violation of FEMA Section 5. Indian resident cannot remit funds for purchase of lottery.
Recent Topics :
- Looking for a study buddy intermediately Jan 2027
- How to correct a NIL GST return filed by mistake w
- Is it legally permissible not to report F&O lo
- Query on FCTRS
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
Related Topics :
CAclubindia
