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Currency export/import limit expanded for residents, allowing higher per-person cash carriage and requiring authorised persons to notify stakeholders. Regulatory amendment increases the per-person cash carriage ceiling for Indian residents travelling abroad and for resident returnees bringing Indian currency into India (excluding travel to and from Nepal and Bhutan). Resident individuals are permitted to take out of India and to bring into India Indian currency notes up to the revised per-person limit, replacing the earlier lower ceiling, and Authorised Persons must notify their constituents.
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Currency export/import limit expanded for residents, allowing higher per-person cash carriage and requiring authorised persons to notify stakeholders.
Regulatory amendment increases the per-person cash carriage ceiling for Indian residents travelling abroad and for resident returnees bringing Indian currency into India (excluding travel to and from Nepal and Bhutan). Resident individuals are permitted to take out of India and to bring into India Indian currency notes up to the revised per-person limit, replacing the earlier lower ceiling, and Authorised Persons must notify their constituents.
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