WebJul 14, 2024 · What is FCRA- Foreign Contribution (Regulation) Act? —The law sought to regulate foreign donations to individuals and associations so that they functioned “in a manner consistent with the values of a sovereign democratic republic”. —Foreign funding in India is regulated under FCRA act.

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WebIncome Tax Act; Wealth Tax Act; Expenditure Tax Act; Interest Tax Act; Finance Acts; All Acts; Rules Income Tax Rules; Other Direct Tax Rules; Budget and Bills Finance Acts; … WebMar 31, 2024 · As per Sec. 4 (e) of the Foreign Contribution Regulation Act, 2010 and Rule 6 of Foreign Contribution Regulation Rules, 2011, even the persons prohibited u/s 3, i.e., persons not permitted to accept foreign contribution, are allowed to accept foreign contribution from their relatives. how to start an investment portfolio

GoI Amends Foreign Contribution (Regulation) Act (FCRA) Rules 2011

Web(1) This Act may be called the Foreign Contribution (Regulation) Act, 2010. (2) It extends to the whole of India, and it shall also apply to— (a) citizens of India outside India; and … WebNov 23, 2024 · The Foreign Contribution Regulation Act (FCRA) is India’s law regulating the flow of foreign funding into the country. Indian nonprofits must have a valid FCRA Registration or receive prior approval from the Ministry of Home Affairs to be able to legally receive charitable funds from donors outside of India. WebMay 11, 2024 · A CBI spokesperson said the operation was conducted “to nab representatives of NGOs, middlemen and public servants of Foreign Contribution Regulation Act (FCRA) division of MHA for committing violations of FCRA provisions and facilitating illegal clearances in lieu of bribes”. ... Until 2011, there were more than 40,000 … react bodyinit