Foreign contribution registration requirement: entities must obtain registration or prior permission before accepting or utilising foreign funds. Entities seeking to accept foreign contributions must obtain either Registration or Prior Permission; prior permission is purpose and source specific. The ... Summary
Foreign contribution registration requirement: entities must obtain registration or prior permission before accepting or utilising foreign funds.
Entities seeking to accept foreign contributions must obtain either Registration or Prior Permission; prior permission is purpose and source specific. The Central Government can restrict utilisation or receipt of contributions pending inquiry where contravention is suspected and may require prior approval to utilise unutilised or unreceived funds after a violation. Rule 9 mandates electronic applications (specified forms and affidavits), an FCRA Account, intimation for additional bank accounts, limits on repeat applications, application fees, and conditions for instalmentary receipt tied to proof of utilisation and field inquiry.
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