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Individuals spared from new FEMA reporting requirement: RBI clarifies

The clarification is expected to ease concerns among small digital service providers and individuals receiving or making legitimate cross-border payments for personal or small-scale professional purposes.

· 10/7/2026, 1:55:28 PM· 2 min read
Individuals spared from new FEMA reporting requirement: RBI clarifies
The clarification is expected to ease concerns among small digital service providers and individuals receiving or making legitimate cross-border payments for personal or small-scale professional purposes.
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