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of <h1>Foreign Contribution Reporting: Mandatory Detailed Disclosure of International Funds with Comprehensive Bank Statement Verification</h1> Legal provision mandates detailed reporting of foreign contributions under the Foreign Contribution (Regulation) Act. Entities receiving foreign funds must promptly notify the Central Government about the amount, source, receipt method, and utilization of foreign contributions. Recipients must submit a certified bank statement detailing foreign contribution particulars alongside the required intimation within prescribed timelines and specified manner.
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