ED levies penalty of ₹3.44 crore on BBC India; ₹1.14 crore each on its 3 directors for FEMA violation | Latest News India

The Enforcement Directorate (ED) has levied a penalty on British Broadcasting Corporation (BBC) India and its directors alleging that the company violated India’s foreign funding law by not reducing its foreign funding despite the cap of 26% on digital media organisations, people familiar with the development said on Friday. BBC Headquarters in London.(AP file photo) … Read more