Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
The MHA issued a public notice establishing new guidelines for processing prior permission applications under FCRA, 2010. The directive stipulates a 3-year validity period for receiving foreign contributions and a 4-year period for utilizing them, effective from the application approval date. For existing approved applications with remaining project duration exceeding 3 years, the time limit will be calculated from the order's issuance date. The competent authority retains discretionary power to grant extensions on a case-by-case basis. Violations of these time limits will result in punitive actions, emphasizing strict regulatory compliance for foreign contribution management.
The MHA issued a public notice establishing new guidelines for processing prior permission applications under FCRA, 2010. The directive stipulates a 3-year validity period for receiving foreign contributions and a 4-year period for utilizing them, effective from the application approval date. For existing approved applications with remaining project duration exceeding 3 years, the time limit will be calculated from the order's issuance date. The competent authority retains discretionary power to grant extensions on a case-by-case basis. Violations of these time limits will result in punitive actions, emphasizing strict regulatory compliance for foreign contribution management.
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