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Rajeev Nikumbh's Blogs

What is IEC and how to apply for it?
When it comes to expanding a business, going international can be a very lucrative option. But before you go eyeing the global cake, you need to be wary of many regulations and compliances. The IEC, aka the Importer-Exporter Code, is a prerequisite you must deal with before you can set

Understanding purpose codes: Meaning, why is it required, and list of purpose codes
Purpose Code is a unique alphanumeric code assigned to describe the nature of a financial transaction involving foreign exchange (forex). These are issued by RBI, where they help RBI and other regulatory authorities monitor and regulate the flow of foreign currency in and out of the country.

How to start an export business in India - An ultimate guide
Are you itching to launch your campaign and conquer every corner of the world with your products? Before enjoying the fruits of international trading, you must consider the opponents in your path. Navigating complex regulations, securing licenses, dealing with currency fluctuations, and managing logistics costs are just some of the