FanzizFanziz
RBI Says No Reporting for Personal Transactions: A Relief!

Finance

EnglishEnglish

RBI Says No Reporting for Personal Transactions: A Relief!

Hold onto your hats! RBI Governor Sanjay Malhotra just declared that if you're spending cash on personal stuff like Netflix or tutoring from abroad, you can keep it a secret! No need to report those transactions! For small exporters, just a quick self-declaration is all you need for amounts up to ₹10 lakh. Say goodbye to paperwork stress!