Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2025
Time period for realisation and repatriation of the full export value of goods/software/services to India has been increased from 9 months to 15 months Advance received towards exports New Time Frame for realisation and repatriation of full export value By units in Domestic Tariff Area 3 years from date of shipment By units in SEZ/ status holder exporter/ EOUs and units in EHTPs/ STPs/ BTPs 3 years from date of shipment
Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2025
An AD bank may lend in Indian Rupees to a person resident outside India being a resident in Bhutan, Nepal or Sri Lanka, including a bank in these jurisdictions, for cross border trade transactions
Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Seventh Amendment) Regulations, 2025
All exporter of goods / services may now open, hold, and maintain a Foreign Currency Account with a bank outside India for realisation of full export value or advance remittances received for exports. These funds can be used to pay for imports into India and must be repatriated into India within specified timelines.
Merchanting Trade Transactions Period of Outlay Increased | A.P. (DIR Series) Circular No. 11
To enable merchanting traders to manage their MTT efficiently, the time period for outlay of foreign exchange has been increased from four to six months six months
Due-diligence of Aadhaar Enabled Touchpoint Operators
RBI has issued directions for due-diligence of Aadhaar Enabled Touchpoint Operators which will become effective from January 1, 2026.
Directions – Compounding of Contraventions under FEMA
RBI has issued directions in respect of compounding of contraventions under FEMA
LRS for RIs – Monthly return discontinuation
Requirement of submission of LRS monthly return by the AD Category-I Banks has been discontinued from the month September 2024 by the RBI
Review of Master Direction – NBFC – P2P Lending Platform (Reserve Bank) Directions, 2017
RBI issued notification wherein it elaborated/ clarified/ amended certain provisions of the NBFC-P2P guidelines
Remittances to IFSCs under the LRS
RBI has permitted remittances under LRS to IFSCs for availing financial services or financial products and all current or capital account transactions
Investment in overseas funds
RBI prescribed that along with investment (including sponsor contribution) in units, any other instrument (by whatever name called) issued by an investment fund overseas, duly regulated by the regulator for the financial sector in the host jurisdiction, shall be treated as OPI