Cross-border currency movement to Nepal and Bhutan permits specified Indian notes and local currencies with Rs.25,000 limit.
The substituted Regulation 8 permits persons not being citizens of Pakistan or Bangladesh to take or bring Indian currency notes to or from Nepal and Bhutan, prohibits notes above Rs.100 except that individual travellers may carry higher-denomination Indian notes up to Rs.25,000, and permits movement of Nepalese and Bhutanese currency notes; the amendment takes effect on publication in the Official Gazette.

Foreign exchange export regulations extend filing and validity timelines to fifteen months and three years respectively.
The Reserve Bank of India amends the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015 to extend specified timelines: Regulation 9's referenced period is increased from nine months to fifteen months, and Regulation 15's referenced periods are increased from one year to three years in the listed sub regulations and proviso, with the amendment taking effect upon publication in the Official Gazette.

Cross-border INR lending: AD banks may extend rupee loans to residents of Bhutan, Nepal and Sri Lanka for trade.
An Authorised Dealer bank may lend in Indian Rupees to a person resident outside India who is resident in Bhutan, Nepal or Sri Lanka, including banks in those jurisdictions, for cross-border trade transactions, by insertion of clause (iv) into regulation 7 (sub-regulation A) of the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018; the amendment is titled the Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2025 and commences on notification in the official gazette.

Foreign currency accounts: exporters may hold accounts abroad including in IFSCs, with extended repatriation timelines for IFSC accounts.
The amendment adds the International Financial Services Centre definition and allows residents exporting goods or services to open foreign currency accounts with banks outside India, including in an IFSC, for realisation of export value and advance remittances. Funds in these accounts may be used to pay for imports into India or repatriated after adjusting for forward commitments and subject to the export realisation requirements set out in the Export of Goods and Services Regulations; accounts in an IFSC are accorded a longer utilisation and repatriation period than accounts in other jurisdictions.

Non-resident rupee account holders can buy/sell Indian government securities and corporate debt using rupee account funds.
Persons resident outside India maintaining a rupee account under the deposit regulations may purchase or sell dated Government securities, treasury bills, non-convertible debentures/bonds and commercial papers issued by Indian companies as per Reserve Bank terms; consideration for such purchases must be out of funds held in their rupee account.

Export of offshore support vessels permitted under amended FEMA regulations, subject to mandatory re-import into India.
The 2025 amendment inserts a new sub regulation after regulation 4(c) to include tugs or tug boats, dredgers and vessels used for providing offshore support services within the export regulations, on the condition that such vessels are re imported into India; the amendment takes effect upon publication in the Official Gazette.

Bonus share issuance to non-resident shareholders allowed despite FDI prohibition, subject to unchanged shareholding pattern.
An amendment permits Indian companies in sectors closed to foreign direct investment to issue bonus shares to pre-existing non-resident shareholders provided such issuance does not change those shareholders' proportionate shareholding; bonus shares issued before commencement are deemed to have been issued in conformity with the then-applicable foreign exchange regulations.

Foreign contribution compliance: enhanced documentation and project-level financial disclosures required for registration, prior permission and renewal.
Amendments require enhanced documentary annexures across registration, prior permission and renewal: three years of audited financial statements, activity-wise expenditure certificates by a chartered accountant where needed, year-wise activity reports, Proforma "AA" affidavits, publication-related undertakings and certified bank statements after expiry or cancellation; prior-permission must add donor commitment letters, detailed project expense breakups with caps on administrative costs, a chief functionary compliance letter and an undertaking to follow FATF Good Practice Guidelines; reporting and change-intimation forms require project/location-wise asset disclosures, CA certification of receipt and utilisation, authority approvals and governing body resolutions.

Foreign currency account duration extended for Diamond Dollar accounts, increasing the required period in the application form.
The Reserve Bank of India amends Schedule II of the principal regulations by substituting the words and figures "2 Years" with the words "Three Years" in the first paragraph of the Annex titled 'Application For Opening Diamond Dollar Account/s', effective from publication in the Official Gazette.

Foreign currency account regulations amended to substitute specified serial entries, correcting the earlier notification's schedule alignment.
Corrigendum substitutes schedule serial entries in the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India)(Fourth Amendment) Regulations, 2024 by directing that previously listed SL No. 4, 5 & 6 be read as SL No. 1, 2 & 3, thereby correcting the published notification's schedule alignment.

Cross-border payments through ACU mechanism allowed between participant-country residents subject to prescribed directions; other transactions follow alternate payment rules.
Regulation 3 is amended to allow payments between residents of ACU participant countries (excluding Nepal and Bhutan) to be made through the ACU mechanism or pursuant to prescribed directions to authorised dealers; all other transactions must follow the alternative receipt and payment methods specified in the regulation. The amendment takes effect on publication in the Official Gazette under the Reserve Bank's statutory authority.

Transfer of funds between repatriable Rupee accounts now permitted for bona fide transactions, clarifying SNRR account handling and bank eligibility.
The amendment broadens authorised dealer scope to include branches outside India, permits transfers between repatriable Rupee accounts for bona fide transactions, and revises SNRR account rules: eligible non-residents may open SNRR accounts with an authorised dealer or its branch outside India for permissible current and capital account transactions and for dealings with non-residents; IFSC units may open SNRR accounts outside IFSC for outside-IFSC business. "Indian bank" is replaced by "A bank" and SNRR account tenure is made concurrent with the account holder's contract, operation period, or business.

Mode of payment for foreign non debt investments: inward remittance or repatriable account debit, proceeds remittable abroad.
Amendments require consideration for foreign investments in equity, units, LLP capital and convertible notes to be paid by inward remittance through banking channels or from funds in repatriable foreign currency or Rupee accounts maintained under the Deposit Regulations, allow sale, maturity or disinvestment proceeds (net of taxes) to be remitted abroad or credited to such repatriable accounts, and clarify that "banking channels" include rupee vostro accounts, including Special Rupee Vostro Accounts.

Foreign currency accounts for resident exporters allowed for export realisation; funds may fund imports or be repatriated under export rules.
Authorises a resident exporter to open and maintain a Foreign Currency Account abroad to realise full export value and advance remittances; funds may be used for paying for imports into India or repatriated within the end of the next month from receipt after adjusting for forward commitments, subject to the realisation and repatriation requirements in Regulation 9 of the Foreign Exchange Management (Export of Goods and Services) Regulations, 2015.