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of <h1>Understanding Foreign Contribution Under FCRA 2010: Key Definitions and Exclusions Explained</h1> The Foreign Contribution Regulation Act (FCRA) 2010 defines 'foreign contribution' as donations, deliveries, or transfers from foreign sources, including articles, currency, and securities, with certain exceptions for personal gifts under a specified value. Interest or income derived from foreign contributions is also considered foreign contributions. However, fees for services or educational purposes and costs for goods or services rendered are excluded. A 'person' under the Act includes individuals, Hindu undivided families, associations, and certain companies. 'Foreign sources' encompass foreign governments, international agencies, foreign companies, and other entities or individuals from outside India, with specific exclusions under certain investment conditions.
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