Tag: pfms

Integration of FCRA Bank accounts of individuals, organisations receiving foreign contributions with PFMS

Integration of FCRA Bank accounts of individuals/organisations receiving foreign contributions under the FCRA, 2010 with the PFMS. The Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) regulates the acceptance of the foreign contribution (FC) or foreign hospitality by¬† certain individuals/associations/organisations/companies. The basis purpise of these Regulations is to ensure …