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MHA issued directive regarding FCRA accounts management, emphasizing that NGOs/associations must maintain valid FCRA registration for receiving or utilizing foreign contributions. Any credit or debit transactions in FCRA accounts without valid registration, including expired or cancelled certificates, constitutes a violation of FCRA 2010. The directive clarifies that foreign contributions must be utilized exclusively for approved purposes as per Section 11. Organizations must renew certificates within six months before expiry under Section 16. Non-compliance with these provisions triggers penal action. The notice mandates strict adherence to FCRA 2010 rules, addressing concerns about unauthorized foreign contribution transactions by entities lacking valid registration status.
MHA issued directive regarding FCRA accounts management, emphasizing that NGOs/associations must maintain valid FCRA registration for receiving or utilizing foreign contributions. Any credit or debit transactions in FCRA accounts without valid registration, including expired or cancelled certificates, constitutes a violation of FCRA 2010. The directive clarifies that foreign contributions must be utilized exclusively for approved purposes as per Section 11. Organizations must renew certificates within six months before expiry under Section 16. Non-compliance with these provisions triggers penal action. The notice mandates strict adherence to FCRA 2010 rules, addressing concerns about unauthorized foreign contribution transactions by entities lacking valid registration status.
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