New Delhi, Nov. 3 -- The Reserve Bank of India (RBI) has clarified the requirements for submitting the Export Declaration Form (EDF) for exporters of services. Under the latest amendment, resident individuals will be deemed to have submitted the EDF once they provide the required payment-related information to their authorized dealer (AD) bank.

The RBI issued the Foreign Exchange Management (Export and Import of Goods and Services) (Second Amendment) Regulations, 2026, through a Gazette notification dated 2 November 2026. The regulations will come into force retrospectively from 1 October 2026.

The amendment follows the RBI's earlier amendment dated 22 September, which also came into effect on 1 October. Here's what you need to know.

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