Vide oreign Contribution (Regulation) Amendment Rules, 2022 – Central Government exempts from disclosure Foreign Receipts From Relatives Abroad Upto Rs 10 Lakhs Per Year. Earlier the limit was Rs. one Lakh.
Also Read: Govt makes FCRA offences under Sections 35, 37, 3, 11 compoundable
MINISTRY OF HOME AFFAIRS
NOTIFICATION
New Delhi, the 1st July, 2022
G.S.R. 506(E).—In exercise of the powers conferred by section 48 of the Foreign Contribution (Regulation) Act, 2010 (42 of 2010), the Central Government hereby makes the following rules further to amend the Foreign Contribution (Regulation) Rules, 2011, namely:-
1. Short title and commencement.—(1) These rules may be called the Foreign Contribution (Regulation) Amendment Rules, 2022.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Foreign Contribution (Regulation) Rules, 2011 (hereinafter referred to as the said rules), in rule 6, —
(i) for the words “one lakh rupees”, the words “ten lakh rupees” shall be substituted;
(ii) for the words “thirty days”, the words “three months” shall be substituted;
3. In the said rules, in rule 9,
(i) in sub-rule (1), in clause (e), for the words “fifteen days”, the words “forty five days” shall be substituted;
(ii) in sub-rule (2), in clause (e), for the words “fifteen days”, the words “forty five days” shall be substituted;
4. In the said rules, in rule 13, clause (b) shall be omitted.
5. In the said rules, in rule 17A, for the words “fifteen days”, the words “forty five days” shall be substituted;
6. In the said rules, in rule 20, for the words “on a plain paper”, the words “in such form and manner, including in electronic form as may be specified by the Central Government” shall be substituted.
[F. No. II/21022/23(04)/2021-FCRA-III]
V.S. RANA, Director (FCRA)
Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide notification number G.S.R. 349(E), dated the 29th April, 2011 and subsequently amended, vide G.S.R. 292 (E), dated the 12th April, 2012, G.S.R. 966 (E), dated the 14th December, 2015, G.S.R. 199 (E), dated the 7th March, 2019, G.S.R. 659 (E), dated the 16th September, 2019, G.S.R. 695(E), dated the 10th November, 2020 and a Corrigendum vide G.S.R. 17(E), dated the 11th January, 2021.
