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India extends export forex rules to 6 months, eases compliance for small exporters.
The Reserve Bank of India has eased rules for small exporters, extending the foreign exchange outlay period for merchanting trade from four to six months and simplifying closure of trade entries under EDPMS and IDPMS for transactions up to Rs 10 lakh.
Exporters can now self-declare payment realization or value adjustments to close outstanding entries, reducing compliance burdens.
The changes, effective October 1, 2025, also eliminate penalties for delayed regulatory filings.
The reforms, welcomed by EEPC India, aim to support MSMEs, boost trade competitiveness, and strengthen the Indian rupee’s role in cross-border transactions.
India extiende las reglas de exportación de divisas a 6 meses, facilita el cumplimiento para los pequeños exportadores.