Legal Update – Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026
Authors: Nakul Batra (Partner), Palak Sehgal (Associate Partner) and Devbrat Singh (Principal Associate) The Ministry of Finance (Department of Economic Affairs), on May 2, 2026, notified the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026 (“Rules”), amending Schedule I of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. The Rules, which came into force […]