Foreign Contribution Regulation in India

Foreign Contribution Regulation in India

corpzo12|1 year ago|Buffer

FCRA (Foreign Contribution Regulation Act) was originally enacted in the year 1976 and after that revised in 2010. It establishes registration prerequisites and expenditure limitations for Indian non-profit organizations receiving foreign contributions. The most recent Changes/ Amendments of the FCRA brought in additional restrictions, banning sub granting among FCRA registered organizations, setting a severe cap on administrative spending, and further centralizing control of the FCRA funding with the State Bank of Delhi and the Ministry of Home Affairs.

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