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 ...

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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 ...

The Home Ministry on Friday extended the validity of FCRA registration certificates, up to three months of NGO whose renewal applications are pending till March 31, 2025. FCRA Director Jeetendar ...

Nearly two weeks after the Union government refused to renew the Foreign Contribution Regulation Act (FCRA) registration of Nobel Laureate Mother Teresa-founded Missionaries of Charity (MoC), the ...

The FCRA registration is a mandatory requirement to receive foreign funds or donations for social, educational, religious, economic and cultural purposes. All NGOs have to renew their FCRA license ...