The Union home ministry revoked the FCRA licence of 'Tibet House - The Cultural Centre of HH Dalai Lama' for violating provisions. This action is part of a larger overhaul of FCRA licences. NGO's ...
As per the rules, the FCRA allows only 20 per cent of foreign funds to be spent on administrative expenses in a designated bank account with the State Bank of India (SBI).
The officials said that the provisions of the FCRA mandate a CA to certify if an association or NGO has utilised foreign contributions received for the purposes it was registered for and the ...
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The clinic’s FCRA (Foreign Contribution Regulation Act) license, essential for receiving foreign donations, was reinstated Friday after years of uncertainty. The trust’s FCRA registration, originally ...
The Foreign Contribution (Regulation) Amendment Rules, 2024, set to take effect on January 1, 2025, mark a significant update to the Foreign Contribution (Regulation) Act (FCRA), 2010. These ...
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“Even if you find an FCRA donor, CAs will be scared to prepare certificates on the behalf of NGOs who are perceived to be not in the good books of the government,” said the member. Earlier in ...
The Nasdaq Composite continued its bull run in 2024, but history suggests there's more upside ahead. Demand for generative AI continues to accelerate as new applications are uncovered. Each of ...
Associations had raised concerns about transferring the FCRA component of TDS refunds received in non-FCRA bank accounts. The Ministry has confirmed that if a consolidated income tax refund is ...