FOREIGN EXCHANGE MANAGEMENT (EXPORT AND IMPORT OF GOODS AND SERVICES) REGULATIONS, 2026 AND DIRECTIONS ON EXPORT AND IMPORT OF GOODS AND SERVICES

MUMBAI, India, Jan. 16 -- Reserve Bank of India issued the following press release:

The Reserve Bank of India has issued the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 and Directions on Export and Import of Goods and Services, which shall come into force from October 01, 2026. 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.

2. These regulations and directions have been issued after examining and suitably including feedback received from stakeholders on the draft regulations and draft dir...