GENERAL29 Sept 2026
New RBI FEMA rules from October 1: What will change for exporters, importers - CNBC TV18
From October 1, the Reserve Bank of India (RBI) changes export and import rules. Exporters must now bring foreign earnings back to India within 9 months, down from 15 months earlier. This means you get less time to collect payments from overseas buyers. So track pending invoices closely, follow up with buyers early, and ask your bank or a chartered accountant about the shorter window.
Key Statutory Highlights
- The RBI will revise India's export and import rules with effect from October 1.
- Exporters will now have 9 months to repatriate their export proceeds.
- Earlier, exporters were allowed 15 months to bring these proceeds back.
Actionable Advice for Taxpayers / Founders:Review how many of your export payments are still pending and plan to receive them within the shorter 9-month window. Speak to your bank or chartered accountant soon, so your collection process can be adjusted before October 1.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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