Government notifies foreign exchange rules 2024 to simplify investments and ease of doing business

New Delhi [India], September 13 (ANI): The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments.

The new rules are aimed at streamlining and rationalising existing rules and regulations to further facilitate ease of doing business.The Finance Ministry said in a statement, "As part of a broader initiative to streamli