RBI Introduces Currency Declaration Form for Foreign Exchange Brought into India

  • Blog|News|FEMA & Banking|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 1 March, 2026

Latest from Taxmann

Currency Declaration Form RBI

Notification no. F.No. FEMA 6(R)/(5)/2026-RB; Dated: 23.02.2026

The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2026. The amendment introduces the Currency Declaration Form (CDF) as an annexure to the regulations.

1. Insertion of Currency Declaration Form (CDF)

The amendment formally incorporates the Currency Declaration Form (CDF) within the regulatory framework governing export and import of currency. The CDF is required to be used for declaration of foreign exchange brought into India from abroad.

2. Declaration Requirement Under Regulation 6

As per Regulation 6 of the existing regulations, a person may bring foreign exchange into India from any place outside India, subject to the condition that:

  • A declaration is made to the Customs authorities in the prescribed Currency Declaration Form (CDF).

This ensures regulatory reporting and monitoring of foreign exchange inflows carried by individuals entering India.

3. Submission to Authorised Dealers

Passengers bringing foreign exchange into India are advised to:

  • Submit the completed CDF to Customs authorities at the time of entry, and
  • Produce the form to a bank authorised to deal in foreign exchange (Authorised Dealer) where required.

4. Objective of the Amendment

The amendment aims to streamline and formalise the declaration process for foreign exchange brought into India by incorporating the CDF within the regulations. This will facilitate better monitoring, regulatory compliance, and transparency in cross-border currency movement.

Click Here To Read The Full Notification

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied

Leave a Reply

Your email address will not be published. Required fields are marked *

«
»

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied