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of <h1>RBI Increases Currency Import Limit via Post to Rs. 5000, No NOC Needed Under FEMA 1999.</h1> The circular issued by the Ministry of Finance, Department of Revenue, outlines the updated regulations for the import of currency through postal services. Under the Foreign Exchange Management Act, 1999, the Reserve Bank of India (RBI) has revised the permissible limit for importing Indian and foreign currencies via post from Rs. 1000 to Rs. 5000 without requiring a No Objection Certificate (NOC). Customs officials, specifically at the Deputy/Assistant Commissioner level, are authorized to approve such imports, subject to maintaining detailed records and monitoring for unusual activity. Instructions are to be disseminated to relevant customs formations and public notices issued.
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