EDPMS and IDPMS compliance is central to RBI’s real-time monitoring of export and import transactions. These systems track shipment details, remittances, and outstanding entries to ensure timely realization and payment settlement under FEMA. Non-compliance can lead to blocked remittances, caution listing, or regulatory action. Proper management of EDPMS and IDPMS entries helps businesses maintain smooth trade operations and regulatory confidence.
RBI notification for the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, published in the Gazette of India on January 13, 2026, superseding the 2015 version and effective from October 1, 2026. New FEMA Export-Import Regulations…