EXPORT AND IMPORT OF GOODS AND SERVICES

NEW DELHI, Jan. 16 -- The Government of India issued the following FEMA circular:

RBI/2025-26/194

A.P. (DIR Series) Circular No. 20

January 16, 2026

All Authorised Dealers,

Madam / Sir,

Export and Import of Goods and Services

The Reserve Bank has comprehensively reviewed the regulations and directions governing export and import of goods and services, under FEMA, 1999, in consultation with stakeholders, and issued Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026. The Regulations are intended to promote ease of doing business, especially for small exporters and importers, and to empower authorised dealers to provide quicker and more efficient service to their customers. The Regulations will be ef...