Search: FEMA
2stories
September 2026
-
FEMA & RBIExporters get nine months to bring export proceeds home from 1 October 2026: RBI amends the new FEMA export-import regulations, notified with fifteen, before they take effect
Export proceeds: 9 monthsRule changeRBI has amended regulation 5(1) of the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 before they took effect. The period to realise and repatriate export value is nine months instead of fifteen, and twelve months instead of eighteen where the export is invoiced or settled in rupees. The amendment is in force from 1 October 2026.
-
FEMA & RBIRBI withdraws seven old FEMA circulars — five on ECB, one on tax-free bonds, one on MTSS sub-agents: A.P. (DIR Series) Circular No. 21
7 FEMA circulars withdrawnRBI is reviewing every circular issued under FEMA since 1 June 2000. By A.P. (DIR Series) Circular No. 21 dated 8 September 2026 it has withdrawn seven circulars issued between 2012 and 2015 that had ceased to be operative: five on External Commercial Borrowings, one on non-resident investment in tax-free bonds and one on the Money Transfer Service Scheme.
The morning brief
One email each working morning with the day’s tax, GST and company-law news. It is starting soon; leave your address and it comes to you from day one.