RBI eases norms for export and import of currency

The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020 wherein RBI’s power has extended to allow any person to take or send out of India to any country or bring into India from any country currency notes of Government of India and /or of Reserve Bank of India subject to such terms and conditions as the Reserve Bank may stipulate.The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020 wherein RBI’s power has extended to allow any person to take or send out of India to any country or bring into India from any country currency notes of Government of India and /or of Reserve Bank of India subject to such terms and conditions as the Reserve Bank may stipulate.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply