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While coming into India how much foreign exchange can be brought in by NRIs?

April 26, 2017coming foreign exchange India NRIs

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While coming into India how much foreign exchange can be brought in by NRIs?

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An NRI coming into India from abroad can bring with him foreign exchange without any limit provided if foreign currency notes, travellers cheques, Forexplus Card exceed US$ 10,000/- or its equivalent and/or the value of foreign currency exceeds US$ 5,000/- or its equivalent, it should be declared to the Customs Authorities at the Airport in the Currency Declaration Form (CDF), on arrival in India.