RBI moves to quell forex reporting confusion, says individuals need not report imports, export earnings
· economictimes.indiatimes.com
The RBI on Wednesday clarified that individuals are not required to report imports or export earnings under the new foreign exchange regulations, and said FAQs will be issued shortly to address confusion. Governor Sanjay Malhotra said reporting on the RBI platform is handled by banks and authorised dealers, not traders.
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