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RBI has extended the timeframe for exporters to bring in proceeds from their overseas shipments to 15 months. Currently, the value is expected to be realised fully and repatriated to the country within nine months from the date of export. The change comes via the Foreign Exchange Management (Export of Goods and Services)(Second Amendment) Regulations, 2025, gazetted on 13th November.
short by Garima Garg / 08:45 pm on 14 Nov
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