The Reserve Bank of India (RBI) on November 28, 2025, notified the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2025, further to amend the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015.
The following has been stated: -
•Regulation 8 shall be substituted, it allows individuals (except citizens of Pakistan or Bangladesh) to take or bring Indian currency to/from Nepal and Bhutan, excluding notes above ₹100. Travellers may carry higher-denomination Indian notes up to ₹25,000 when moving between India and Nepal/Bhutan. Individuals can freely take or bring Nepalese or Bhutanese currency to and from India. These provisions override other regulations under the Principal Regulations.
•They shall come into force from December 02, 2025.
The detailed notification is given in the document below.
[Notification No.: FEMA 6 (R)/(4)/2025-RB]
