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of <h1>RBI Amends Foreign Exchange Regulations, Deletes Clause (h) in Regulation 4 to Streamline Export Rules</h1> The Reserve Bank of India issued the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2015, amending the existing regulations from May 3, 2000. Effective upon publication in the Official Gazette, this amendment specifically deletes clause (h) from Regulation 4 of the principal regulations. The changes are made under the authority of the Foreign Exchange Management Act, 1999, and modify prior notifications to streamline the regulatory framework governing the export of goods and services.
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