#rbi-guidelines
Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks
A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Here’s what you need to know.
RBI to introduce ECL provisioning framework for banks and FIs from April 1, 2027
RBI's ECL framework, effective April 1, 2027, mandates proactive asset provisioning and tighter classification norms for banks.