Notification No. FEMA 6 (R)/(4)/2025-RB; Dated: 28-11-2025
RBI has issued Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2025, substituting Regulation 8 of the Principal Regulations (2015).
Under the earlier Regulation 8, a person could take or send Indian currency to Nepal or Bhutan only up to Rs. 100 denomination, with a limited proviso permitting travellers to carry Rs. 200/Rs. 500 notes of the Mahatma Gandhi (New) Series up to Rs. 25,000.
Further, the regulation did not expressly impose any citizenship-based restriction. The amended Regulation 8, now statutorily permits persons (other than citizens of Pakistan and Bangladesh) to both take Indian currency to, and bring Indian currency from, Nepal and Bhutan, including notes above Rs. 100 up to an overall limit of Rs. 25,000.
However, individuals travelling from India to Nepal or Bhutan, or travelling to India from Nepal or Bhutan, may carry Indian currency notes of denominations above Rs. 100 up to a consolidated limit of Rs. 25,000.
The amended norms are as follows:
1. Carriage of Indian Currency to Nepal/Bhutan
A person not being a citizen of Pakistan or Bangladesh may:
(a) Take or send Indian currency notes to Nepal or Bhutan (excluding denominations above Rs. 100).
(b) However, individuals travelling from India may carry Indian currency notes of denominations above Rs. 100 up to Rs. 25,000.
2. Bringing Indian Currency from Nepal/Bhutan into India
A person not being a citizen of Pakistan or Bangladesh may:
(a) Bring into India Indian currency notes from Nepal or Bhutan (excluding denominations above Rs. 100).
(b) Individuals travelling to India may carry Indian currency notes of denominations above Rs. 100 up to Rs. 25,000.
3. Movement of Nepalese/Bhutanese Currency
Any person may:
(a) Take out of India to Nepal/Bhutan, or
(b) Bring into India from Nepal/Bhutan
currency notes of Nepal or Bhutan without restriction.
Click Here To Read The Full Notification
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