The Reserve Bank of India (RBI) has introduced new rules for influencers earning from foreign platforms, which will be effective starting October 1, 2026. These rules are part of the RBI's EDF (Electronic Data Filing) regulations, aiming to monitor and regulate foreign transactions.
This development matters for social commerce as it may impact the way Indian influencers collaborate with international brands and platforms. The new rules could lead to increased transparency and accountability in foreign transactions, potentially affecting the influencer marketing landscape in India.
The Social Commerce Daily Digest
Yesterday's top 5 stories in your inbox, every morning.