From SOFTEX to EDF: A Structural Shift in India’s Software Export Compliance Framework
Introduction India’s software and digital services exports have long been subject to the SOFTEX compliance mechanism. Originally introduced to monitor foreign exchange realisation of intangible exports, SOFTEX gradually evolved into a parallel compliance layer that operated alongside GST reporting, banking documentation, and SEZ/STPI filings. With the notification of the Foreign Exchange Management (Export and […]