Corporate Law : The amendment strengthens regulation of foreign contributions with new oversight mechanisms. The key takeaway is tighter complianc...
Corporate Law : This explains why educational institutions are fully covered under FCRA when receiving foreign funds. The key takeaway is that aca...
Corporate Law : Explains how religious and charitable trusts can comply with FCRA, highlighting proper donation channels, fund utilization, and re...
Corporate Law : Hospitals and medical NGOs must disclose all foreign grants, equipment, and medicines under FCRA; non-compliance can lead to froze...
CA, CS, CMA : Learn the correct accounting treatment for fixed assets purchased with foreign contributions under the FCRA. This guide covers cap...
Corporate Law : CBI registers a case against a Delhi-based private company and its Director for alleged violations of FCRA provisions, involving u...
Company Law : List of agencies of the United Nations, and other international agencies and organizations notified by the Central Government to b...
Corporate Law : During preceding 3 years (2019, 2020, 2021) registration certificates of 1811 number of Associations have been cancelled under the...
Corporate Law : A case was registered against 36 accused including 7 public servants of FCRA Division of MHA & NIC and middlemen, representatives ...
Corporate Law : MHA did not freeze bank accounts of Missionaries of Charity (MoC) State Bank of India informed that Missionaries of Charity itse...
Income Tax : The court held that valid registration under income-tax law is a relevant factor under FCRA and cannot be ignored. Failure to cons...
Income Tax : Delhi High Court has set aside a tax department notice to cancel a foundation's tax registration, ruling it was premature while an...
Income Tax : ITAT reinstates 80G approval for Tiger Research and Conservation Trust, highlighting its compliance with fund utilization and its ...
Corporate Law : Noel Harper & Ors Vs Union of India (Supreme Court of India) Sub-Whether amendment made to Section 7, 12(1A),12A and 17(1) of ...
Fema / RBI : Commonwealth Human Rights Initiative Vs Union of India (Delhi High Court) Delhi High Court upheld the decision of Centre to suspen...
Corporate Law : MHA advises FCRA registered associations to submit renewal applications at least four months before expiry, warning that late subm...
Corporate Law : Ministry of Home Affairs extends FCRA registration validity for certain entities with pending renewal applications or expiring bet...
Corporate Law : India's Ministry of Home Affairs updates FCRA Rules 2011, introducing revised documentation for foreign contribution registration,...
Corporate Law : MHA permits NGOs with expired FCRA registration to pay compounding penalties and fees from their FCRA account via online portal; o...
Corporate Law : Indian government sets new validity periods for receiving and utilizing foreign contributions under FCRA, impacting existing and f...
Extension of the validity of the registration certificates issued under the Foreign Contribution (Regulation) Act, 2010 expiring during the period between 29th September, 2020 and 31st December, 2021 upto 31st December, 2021 vide Public Notice No. II/21022/23(22)/2020-FCRA-III| Dated: 30th September, 2021. As per Section 12(6) of the Foreign Contribution (Regulation) Act, 2010, the registration certificate […]
Preamble: With the increasing global awareness, people nowadays are making contributions around the world to addressing various social, economic and environmental issues and for the upliftment of the society and communities, especially in the developing and underdeveloped Nations. Such contributions are not limited to one’s region or city or state or country. Organizations like Bill […]
Foreign Contribution (Regulation) Amendment Act 2020: An Attempt To Alter The Landscape Of Foreign Donations In India INTRODUCTION The Foreign Contribution Regulations Act, or FCRA, is a law adopted by the Parliament to govern foreign contributions (particularly monetary donations) made to NGOs and other organizations in India. The act, in its consolidated version, was first […]
Every person having a definite cultural economic educational religious or social program shall accept Foreign Contribution only after obtaining a certificate of registration from the central government and there are two modes for obtaining permission to accept foreign contribution under FCRA let us discuss the same i. Registration ii. Prior Permission Registration Under FCRA Eligibility […]
Any ‘Person’ defined in FCRA 2010 can receive foreign contribution subject to having a definite cultural, economic, educational, religious or social programme and It must obtain the FCRA registration/prior permission from the Central Government * In terms of FCRA, 2010 “person” includes (i) an individual; (ii) a Hindu undivided family; (iii) an association; (iv)a company […]
Eligibility Criteria to take FCRA Registration:-The association should be registered under an existing statute like the Societies Registration Act, 1860 or the Indian Trusts Act, 1882 or Section 8 of Companies Act, 2013
ISSUES ARISING DUE TO AMENDMENTS IN FCRA REQUIRING ALL FCRA TRUST TO FIRST DEPOSIT FOREIGN CONTRIBUTION TO SBI ACCOUNT DELHI DESIGNATED FRO THE PURPOSE: Under the FCR Amendment Act 2020, all the FCRA registered organizations have to receive foreign contributions first in specified branch of State Bank of India in New Delhi. The foreign contribution […]
There are enormous reasons for the current global platform to get focused on the environment, social and cultural causes. Not only the specific organizations but also the businesses apart from having profit earning as their prime goal, are getting themselves involved in activities that promote economic, social, cultural and environmental growth and prosperity. The world […]
The citizen cannot be penalised for a discrepancy in the form prescribed by the respondent which has resulted in the form being unable to be submitted even in the case of a law abiding citizen.
SBI clarified to the entities that they need not visit Delhi and instead they can visit any branch of their choice near to them for opening of FCRA Accounts.
