Category: FCRA

FCRA Charter for the Banks

  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 …

Procedure for opening & operating the designated FCRA Account

Procedure for opening & operating the designated “FCRA Account”  under amended Section 17(1) of The Foreign  Contribution (Regulation) Act , 2010 F.No. II/21022/23(35)/2019-FCRA-IIIGovernment of IndiaMinistry of Home AffairsForeigners Division, FCRA Wing First Floor, Major Dhyan Chand National StadiumIndia Gate Circle, New Delhi-110001 Dated : 13th October, 2020 PUBLIC …