RBI brings services under unified FEMA, eases import-export compliance

New Delhi: The Reserve Bank of India overhauled decade-old foreign exchange rules, bringing exports and imports of goods and services under a unified regulation to simplify procedures, ease compliance for smaller exporters, and strengthen monitoring through digital systems. The new Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 (FEMA), notified on…

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