Launch of Online Analytical Tool to monitor foreign contributions under FCRA
Shri Rajnath Singh witnessed a presentation on various aspects of the Analytical Tool and appreciated the painstaking work done by all concerned officials. Home Secretary Shri Rajiv Gauba, Director (IB) Shri Rajiv Jain, DG (NIC) Smt. Neeta Verma and officials of Ministry of Home Affairs were present.
There are approximately 25,000 active organisations registered under The FCRA, 2010. Foreign Contributions worth Rs.18,065 crores were received by such organisations from foreign donors for various social, cultural, economic, educational and religious activities during financial year 2016-17. Each FCRA-NGO conducts multiple financial transactions in receiving and spending the foreign contribution. Therefore, there are hundreds of thousands of such transactions annually which can be monitored effectively through this tool. It will, therefore, help the stakeholders in Government to better regulate acceptance and utilisation of foreign contributions.
Source: PIB
Purchase of software had a nexus with generation of profits, therefore purchaser was not a consumer under Consumer Protection Act…
Termination upheld of Postmaster who embezzled deposit money by mere stamping passbooks of account holders. In a recent judgment, Hon'ble…
Supreme Court stays DGGI order on the issue of bar on two parallel GST proceedings in terms of Section 6(2)(b)…
Assessee could not said to indulged in penny stock sale on human probabilities without showing his involvement – ITAT deleted…
Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed…
Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court…