Dive into the intricacies of the Foreign Contribution (Regulation) Act (FCRA) – India’s key law governing the acceptance and use of foreign donations and hospitality.
In this episode, we dive into the intricacies of the Foreign Contribution (Regulation) Act (FCRA) – India’s key law governing the acceptance and use of foreign donations and hospitality. We explore:
- What counts as a foreign contribution and who can receive it.
- The difference between prohibited, regulated, and exempt entities.
- Key requirements for organizations, including FCRA registration and reporting.
- Significant amendments, like the SBI account mandate and reduced administrative expense cap.
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