Summary
RBI Notification FEMA 23(R)/(2)/2026-RB amends the Export and Import of Goods and Services Regulations, 2026. A resident individual exporting services is treated as having filed the EDF once payment details are given to the AD bank, with no value limit, and other service exporters get the same relief for each inward remittance up to Rs 10 lakh.
What it means for you
Freelancers and small service exporters face far less EDF paperwork when foreign payments arrive.
This summary is general information, not legal advice. The outcome of any case depends on its facts; read the source and take advice before acting.
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