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Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

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India: Consultation on draft export and import regulations

The Reserve Bank of India has invited comments from all stakeholders on the draft regulations by September 1, 2024.

July 9, 2024

The Reserve Bank of India (RBI) on July 2, 2024, published on its website two sets of draft regulations under the Foreign Exchange Management Act, 1999 regarding export and import transactions:

  • Draft Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2024
  • Draft Directions on Export and Import of Goods and Services

The RBI has invited comments from all stakeholders on the draft regulations by September 1, 2024.

Read a July 2024 report prepared by the KPMG member firm in India

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