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Amendment to Directions – Compounding of Contraventions under FEMA 1999

A.P. (DIR Series) Circular No. 15/2025-26 dated November 24, 2025

The account details of Reserve Bank of India for receiving compounding fees has been revised and modified.

Annexure 1 has been modified accordingly. The same can be accessed at below link:

https://rbidocs.rbi.org.in/rdocs/content/pdfs/135MD22042025_AN1.pdf

Export and Import of Indian Currency to or from Nepal and Bhutan

A.P. (DIR Series) Circular No. 18/2025-26 dated December 08, 2025

On a review, it has been decided, in supersession of the A.P. (DIR Series) Circular No. 24 dated March 20, 2019, to allow a person, not being a citizen of Pakistan or Bangladesh, to –

1. take or send out of India to Nepal or Bhutan, and bring into India from Nepal or Bhutan, currency notes of Government of India and Reserve Bank of India notes for any amount in denominations up to ₹100;

2. take out of India to Nepal or Bhutan, notes of denominations of above ₹100 up to a total limit of ₹25,000;

3. bring into India from Nepal or Bhutan, notes of denominations of above ₹100, up to a total limit of ₹25,000.