Revamped foreign‑exchange management rules to promote ease of doing biz
NEW DELHI: The Reserve Bank of India (RBI) has said that the recently issued Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 will come into force from October 1 — easing compliance for smaller traders and strengthening digital monitoring.
"The regulations are primarily principle based and intended to promote ease of doing business, especially for small exporters and importers. They are also intended to empower Authorised Dealers to provide quicker and more efficient service to their customers," an official statement said.
The regulations, announced on January 13, will replace the 2015 export rules empowering authorised dealer banks to manage routine trade matters under their internal policies.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
PNE
Punjab News Express is dedicated to bringing reliable and engaging news to readers. He focuses on covering trending stories, regional updates, and important social issues while presenting information in a simple and clear way for the Punjabi audience.
