On 13th November 2025, the Reserve Bank of India (RBI) notified amendments to the Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 via a Gazette notification (the "Second Amendment Regulations, 2025") to provide exporters with greater flexibility in managing their receivables.

Under the revised framework:

• The period for realisation and repatriation of export proceeds has been extended from 9 months to 15 months.
• The timeline for adjusting advance payments received from foreign buyers has been expanded from 1 year to 3 years.

Purpose of the Amendment:

These changes have been introduced to ease compliance pressures on exporters and support them in navigating prolonged payment cycles arising from global trade disruptions. The extended timelines are intended to ensure smoother cash flow management and reduce the risk of unintentional FEMA non-compliance.