RBI Eases Export Declaration, Import Reporting Rules for Small Service Traders

RBI Eases Export Declaration, Import Reporting Rules for Small Service Traders New Delhi, Nov 4 (KNN) The Reserve Bank of India (RBI) has eased reporting requirements for small service exporters and importers, including simplifying export declaration procedures and raising the threshold for reporting service imports. The central bank has amended the Foreign Exchange Management (Export and Import of Goods and Services) Regulations to reduce compliance requirements for specified transaction

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