FCRA

Validity for receiving/utilising foreign contribution by application of prior permission

Validity period for receiving and utilising the foreign contribution through an application of prior permission

Under the FCRA, 2010, every person having a definite cultural, economic, educational, religious or social programme may, if it is not registered with the Central Government under section 11(1), accept any foreign contribution only after obtaining the prior permission of the Ministry of Home affairs by making an application in the prescribed format and such prior permission shall be valid for the specific activities or projects for which it is obtained and from the specific source

The Central Government has issued a Public Notice directing that validity period for receiving and utilising the foreign contribution through an application of prior permission shall be as follows:

(a) The validity period for receiving foreign contribution shall be 3 years from the date of approval of the application for prior permission.

(b) The validity period for utilising the said foreign contribution shall be 4 years from the date of approval of the application for prior permission.

Further, in respect of prior permission applications which have already been approved and where the remaining period of the approved project/ activity in the prior permission is more than 3 years, the above time limit shall be reckoned from the date of issue of this order instead of the date of approval of the application for prior permission.

It has been clarified that notwithstanding the provisions at para 2 & 3 above, the competent authority in the Ministry of Home Affairs may allow for extension in the above [mentioned validity period for an association/organisation on case to case basis, based on the merits of the case.

Any receipt or utilisation of the foreign contribution beyond the above said time limits shall be a violation of FCRA, 2010 and in case of any violation, necessary punitive action shall be taken.

Download FCRA Public Notice Click Here >>

Share

Recent Posts

  • Income Tax

Information in loose papers not corroborated with assessee, can’t be said to belong to assessee

When information contained in loose papers not corroborated with assessee, there is absolutely no room for presumption that it belongs…

12 hours ago
  • Income Tax

Setting aside remand order of CIT(A) without interfering with direction to delete addition, did not revive AO’s order

When CIT(A) order to remand case to AO was set aside without interfering with direction to delete addition, order of…

14 hours ago
  • arbitration

Whether Arbitral Tribunal can grant a prohibited claim in a contract – Larger Bench to decide

Whether a prohibited claim in a contract applies only to the employer and not to the Arbitral Tribunal – Matter…

2 days ago
  • contract-law

Court can examine contractual employee termination on sole ground of ineligibility

Where a contractual employee is terminated on the sole ground of ineligibility, the Court is entitled to examine its correctness…

2 days ago
  • EPFO

Upon deceased acquiring family, as specified earlier GPF nomination became invalid – SC

Upon deceased acquiring family, GPF nomination in favour of mother became invalid and in absence of fresh nomination, mother and…

2 days ago
  • GST

Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details

GSTN Advisory on Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details as per Rule 10A As…

2 days ago