Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The MHA issued the Foreign Contribution (Regulation) Amendment Rules, 2025, effective from publication date, introducing significant modifications to FCRA compliance requirements. Key amendments include revised documentation requirements for registration (Form FC-3A), prior permission (Form FC-3B), and renewal (Form FC-3C) applications. The rules mandate additional documentary evidence such as financial statements, activity reports, affidavits, and specific undertakings. New provisions enhance transparency by requiring detailed asset reporting, project expense breakdowns, and declarations regarding administrative expenses, donor commitments, and adherence to Financial Action Task Force guidelines. The amendments aim to strengthen regulatory oversight and accountability of organizations receiving foreign contributions.
The MHA issued the Foreign Contribution (Regulation) Amendment Rules, 2025, effective from publication date, introducing significant modifications to FCRA compliance requirements. Key amendments include revised documentation requirements for registration (Form FC-3A), prior permission (Form FC-3B), and renewal (Form FC-3C) applications. The rules mandate additional documentary evidence such as financial statements, activity reports, affidavits, and specific undertakings. New provisions enhance transparency by requiring detailed asset reporting, project expense breakdowns, and declarations regarding administrative expenses, donor commitments, and adherence to Financial Action Task Force guidelines. The amendments aim to strengthen regulatory oversight and accountability of organizations receiving foreign contributions.
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