Tag: foreign contribution
Entities need not visit SBI Delhi to open FCRA Bank Account. Entities may visit any SBI branch for opening FCRA Bank Account The Foreign Contribution (Regulations) Amendment Act 2020 provides that every person who has been granted FCRA certificate shall receive foreign contribution only in an account designated …
Extension given for opening FCRA designated bank account in New Delhi Main Branch (NDMB) of SBI 11 Sansad Marg up to 30th June 2021 The Foreign Contribution (Regulation) Amendment Act, 2020 amended Section 17(1) of the Foreign Contribution (Regulation) Act, 2010. As per the amended section, foreign contribution shall …
Extension of validity of FCRA registration certificates expiring/ expired during the period between 29th September, 2020 and 30th September, 2021 up to 30th September, 2021. Ministry of Home Affairs, Foreigners Division has issued a Public Notice extending of the validity of registration certificates issued Under The Foreign Contribution …
Charter for Chartered Accountants under FCRA 2010 Since the Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) is national security legislation; associations are required to exercise extreme care and caution in dealing with foreign contribution from the time of its receipt to its final utilization. As the Chartered Accountants audit …
FCRA Charter for the Banks The Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) assigns a very crucial role to banks. All foreign contributions (FCs) received from any “foreign source”(FS) must be necessarily received only in a bank account and must be routed and spent only through …
Charter for associations who have been granted prior permission or registration under FCRA • Registration and Prior Permission is granted for a definite cultural, economic, educational, religious or social programme under sections 11 and 12 of the FCRA, 2010. An association is granted registration for five years. …
Charter for associations applying for grant of prior permission/registration under the Foreign Contribution (Regulation) Act 2010. • With a view to streamlining the procedures and ensuring effective enforcement and compliance, the Foreign Contribution (Regulation) Act, 2010 has been further amended on 28th September, 2020. Accordingly, the FAQs …
Extension of the validity of FCRA registration certificates expiring during the period between 29th September, 2020 and 31st May, 2021 upto 31st May, 2021 F. No. II /21022/23(22)/2020-FCRA-IIGovernment of India Ministry of Home Affairs Foreigners Division (FCRA) First Floor, Major Dhyan Chand National StadiumIndia Gate Circle, New Delhi-110001 …
Foreign contribution to be received only in ‘‘FCRA Account’’ in SBI Main Branch 11 Sansad Marg New Delhi The Foreign Contribution (Regulation) Amendment Act, 2020 amended section 17 of The Foreign Contribution (Regulation) Act, 2010 to provide that every person who has been granted certificate or prior permission under …
Organisations with no active politics cannot be denied access to foreign contributions. Legitimate means of dissent like bandh, hartal etc. no ground to ban from receiving foreign contribution ABCAUS Case Law Citation:ABCAUS 3287 (2020) (03) SC Important case law relied upon by the parties:A. Abbas v. Union of …