ED fines BBC India Rs.3.44-cr for foreign funding violation
India, Feb. 22 -- ED has levied penalty on 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. The company, which was earlier surveyed by the I-T department in February 2023, has been fined a total of over Rs.3.44 crore, along with a fine of Rs.5,000 for every day after October 15, 2021, till the date of compliance. P10...
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