Indian freelancers, consultants, software developers and content creators who work with overseas clients need to understand how their foreign earnings are received and reported. India’s updated Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 took effect on October 1, 2026, bringing a revised framework for cross-border trade reporting. The changes are relevant to people who provide services to international clients, including professionals who receive payments in foreign currency. The exact reporting requirements depend on the nature of the transaction, the applicable rules and the bank handling…
Read MoreFEMA Rules for Freelancers 2026: India Guide
