17/02/2026
Last month, the Reserve Bank of India notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, which will come into effect from October 1, 2026. These regulations will supersede the earlier regulations and aim to rationalize the legislative framework governing trade, i.e., relaxation of various timelines in respect of import into and export out of India.
Keeping in mind the dynamic cross-border trade, the new regulations will provide greater flexibility to banks in order to promote ease of doing business in India.
Read the full update on our website:
https://www.majmudarindia.com/rbi-overhauls-indias-trade-framework/