Foreign Exchange Management (Export & Import of Goods & Services) Regulations, 2026
The RBI has issued the Foreign Exchange Management (Export & Import of Goods & Services) Regulations, 2026, which become effective from October 1, 2026. Glance through our News Flash for the highlights and in-depth comparison.
Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026
Reserve Bank of India through its notification dated 13 January 2026, has issued the Foreign Exchange Management (Export & Import of Goods & Services) Regulations, 2026, superseding previous regulations. You may like to access our News Flash on this topic which summarizes the key provisions.
Foreign Exchange Management (Guarantees) Regulations, 2026
The Reserve Bank of India through its notification dated 6 January 2026, has issued the Foreign Exchange Management (Guarantees) Regulations, 2026 (“FEMA 8(R)”, thereby superseding the previous regulations. You may like to access our News Flash on this topic which summarizes the key provisions.
A.P. (DIR Series) Circular. No 15/2025-26 | Revision in NEFT / RTGS details for Compounding Application Fee and Compounding Amount
To ensure a more efficient process for receiving the compounding application fee and the ‘sum for which a contravention is compounded’ (referred to as the ‘compounding amount’), the account details for receiving these payments via National Electronic Fund Transfer (“NEFT”) and Real Time Gross Settlement (“RTGS”) have been revised.
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