Export and import of Indian currency: individuals may carry new Rs200 and Rs500 notes to Nepal/Bhutan within Rs25,000 limit. Individuals travelling from India to Nepal or Bhutan may carry Indian currency notes in the Mahatma Gandhi (New) Series of Rs.200 and Rs.500 subject to an aggregate limit of Rs.25,000; currency notes up to Rs.100 remain allowable without limit. Authorised Persons must notify customers. The change is effected by amendment to the Export and import of Currency Regulations, 2015, notified in the Official Gazette and issued under the Foreign Exchange Management Act, without prejudice to other required permissions.
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Export and import of Indian currency: individuals may carry new Rs200 and Rs500 notes to Nepal/Bhutan within Rs25,000 limit.
Individuals travelling from India to Nepal or Bhutan may carry Indian currency notes in the Mahatma Gandhi (New) Series of Rs.200 and Rs.500 subject to an aggregate limit of Rs.25,000; currency notes up to Rs.100 remain allowable without limit. Authorised Persons must notify customers. The change is effected by amendment to the Export and import of Currency Regulations, 2015, notified in the Official Gazette and issued under the Foreign Exchange Management Act, without prejudice to other required permissions.
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