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( As on 16/01/2026 15:56)

RBI notifies FEMA regulations on export and import of goods and services, effective October 1, 2026

Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, along with the Directions on Export and Import of Goods and Services. The new framework will come into force from October 1, 2026, according to a notification dated January 16, 2026.

The regulations are largely principle-based and aim to promote ease of doing business, with a special focus on small exporters and importers. They are also intended to empower Authorised Dealers to deliver faster and more efficient services to customers.

RBI said the final regulations and directions were issued after reviewing feedback from stakeholders on the draft versions released earlier through press notes dated July 2, 2024, and April 4, 2025. The central bank has included its responses to key comments received from stakeholders in an annex to the notification.