21-August-2026
Economy News
 
India amends Foreign Trade Policy for easier rupee invoicing and payments for exporters
21-Aug-2026

The government on Thursday amended the Foreign Trade Policy (FTP) 2023 to make it easier for exporters to invoice overseas sales and receive payments in Indian rupees, bringing eligible rupee receipts on par with foreign-currency earnings for FTP benefits and export obligations. The changes apply to exports to all countries, with separate provisions for Asian Clearing Union (ACU) member countries, Nepal and Bhutan.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-amends-foreign-trade-policy-for-easier-rupee-invoicing-and-payments-for-exporters/articleshow/133381955.cms