Foreign contribution regulation: rules require registration/prior permission, exclusive accounts and audited annual returns.
The rules implement the Foreign Contribution (Regulation) Act by defining political-organisation criteria and speculative activities; prescribing administrative-expense categories; mandating registration or prior permission via online Forms FC-3/FC-4 with exclusive bank accounts; requiring audited annual returns (FC-6/FC-7/FC-8) certified by a chartered accountant; imposing notification duties for high-value receipts and foreign hospitality; setting rules for suspension, custody and transfer of unutilised foreign contribution; and obliging banks and investigating agencies to report specified transactions and case progress to the Central Government.