New FEMA Rule from October 2026 Requires Freelancers to File EDF
Starting October 2026, a new FEMA regulation mandates freelancers and service exporters to file the Electronic Declaration Form (EDF) for foreign exchange transactions. The RBI has clarified exemptions for certain individuals and plans to publish FAQs soon. This rule aligns freelancers with listed software companies in export reporting, prompting calls for exemptions for small earners.
CAclubindia·


