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    HomeNewsBusinessRBI proposes easier FEMA guidelines in export and import of goods, services

    RBI proposes easier FEMA guidelines in export and import of goods, services

    Das said this was proposed in the view of the changing dynamics of international trade and was in line with the progressive liberalisation of foreign exchange regulations

    Moneycontrol News
    June 07, 2024 / 10:50 IST
    Reserve Bank of India

    Reserve Bank of India (RBI) Governor Shaktikanta Das on June 7 proposed to rationalise the guidelines of import and export of goods and services under the Foreign Exchange Management Act (FEMA) 1999.

    “It is proposed to rationalise the extant FEMA guidelines in the export and import of goods and services,” Das said while delivering the bi-monthly monetary policy statement.

    He added that this was proposed in the view of the changing dynamics of international trade and was in line with the progressive liberalisation of foreign exchange regulations.

    (This is a developing story, please check back for more details)
    Moneycontrol News
    first published: Jun 7, 2024 10:49 am

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