FCRA

FCRA exemption to Govt. organisations compulsorily audited by CAG

FCRA exemption to organisations constituted under a Central/State Act etc. getting accounts compulsorily audited by CAG / its agencies

MINISTRY OF HOME AFFAIRS

ORDER

New Delhi, the 30th January, 2020

S.O. 459(E).—Whereas the Central Government is of the opinion that it is necessary and expedient in the interest of the general public to exempt organisations (not being a political party), constituted or established by or under a Central Act or a State Act or by any administrative or executive order of the Central Government or any State Government and wholly owned by the respective Government and required to have their accounts compulsorily audited by the Comptroller and Auditor General of India (CAG) or any of the agencies of the CAG, from the operation of the Foreign Contribution (Regulation) Act, 2010 (42 of 2010);

Now, therefore, in exercise of the powers conferred by section 50 of the Foreign Contribution (Regulation) Act, 2010 and in supersession of the Order of the Government of India in the Ministry of Home Affairs published in the Official Gazette vide number S.O. 1492(E), dated the 1st July, 2011, except as respects things done or omitted to be done before such supersession, the Central Government hereby exempts all the said organisations from the operation of all the provisions of the said Act with effect from the date of publication of this order in the Official Gazette.

[F. No. II/21022/23(37)/2019-FCRA-III]

ANIL MALIK, Addl. Secy.

Download Notification Click Here >>

Share

Recent Posts

  • Income Tax

Payment of imprest whether a transfer within the meaning of section 269ST

Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent…

2 days ago
  • ICAI

CA Misconduct – Order quashed as judgment not passed by same members who heard arguments.

CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a…

4 days ago
  • Insurance

Deceased homemaker can not be considered as dependant for award of compensation under MV Act – SC

Deceased homemaker can not be considered as dependant for award of compensation under MV Act. Courts to award a composite…

4 days ago
  • Income Tax

CIT notice u/s 263 quashed as AO rightly took DVO value of property as actual sale price

CIT Revision notice u/s 263 quashed as the Assessing Officer rightly taken DVO value of property sold as actual sale…

6 days ago
  • GST

Extension of timeline for implementation of Ship To GSTIN & Voluntary Closure of E-Way Bill functionalities

Extension of timeline for implementation of mandatory "Ship To GSTIN" and Voluntary Closure of E-Way Bill functionalities GSTN Advisory dated…

6 days ago
  • Income Tax

No protective addition required when additions is confirmed in hands of searched person – ITAT

No protective addition required in the hand of a third party when additions have been confirmed in the hands of…

7 days ago