Foreign contribution regulation: regime governing receipt, source classification and compliance to protect national security. Regulation of foreign contributions is governed by the Foreign Contribution (Regulation) Act, 2010, administered by the Ministry of Home Affairs, ... Summary
Foreign contribution regulation: regime governing receipt, source classification and compliance to protect national security.
Regulation of foreign contributions is governed by the Foreign Contribution (Regulation) Act, 2010, administered by the Ministry of Home Affairs, establishing registration, receipt and compliance obligations to prevent adverse effects on national security. The Act applies to the whole of India, Indian citizens abroad and associate branches or subsidiaries outside India of Indian entities, and distinguishes local and foreign sources by passport/nationality, treating Indian passport holders as local sources and foreign passport holders as foreign sources.
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