On April 4, 2025, the Reserve Bank of India released revised draft Regulations and Directions under the Foreign Exchange Management Act (FEMA), 1999, concerning the export and import of goods and ...

A recent Policy Consensus Centre discussion with policymakers, industry experts, and exporters emphasized the urgent need to eliminate EDPMS fees and streamline reconciliation processes to improve ...

Apparently, EODCs issued manually have not been updated in the online system. For two of our shipments which went through the regular process in Delhi, our bank is saying that the shipping bill is not ...