Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2025

Notification/Circular No.: FEMA 6 (R)/(4)/2025-RB dated November 28, 2025

Applicable Act/Rule – Foreign Exchange Management Act, 1999

RBI has revised the rules governing the import and export of Indian currency and Nepal/Bhutan currency to close loopholes and enforce stricter currency controls on sensitive borders

Regulation 8 of the Principal Regulations is fully substituted. Key changes are straightforward:

  1. Indian residents and foreigners (except citizens of Pakistan or Bangladesh) travelling from India to Nepal/Bhutan can now take Indian currency notes above ₹100 denomination up to ₹25,000 total.
  2. Same category of persons travelling from Nepal/Bhutan to India may bring Indian currency of above ₹100 denomination up to ₹25,000 total.
  3. Indian travellers may carry or bring Nepal/Bhutan currency freely (no fresh restriction indicated).

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