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of <h1>Government exempts statutory bodies from Foreign Contribution Act u/s 50 for public interest, effective immediately.</h1> The Central Government has issued an order exempting all statutory bodies, which are required to have their accounts audited by the Comptroller and Auditor General of India, from the provisions of the Foreign Contribution (Regulation) Act, 2010. This exemption is deemed necessary for the public interest and is effective from the date of publication in the Official Gazette. The order was issued by the Ministry of Home Affairs under Section 50 of the Foreign Contribution (Regulation) Act, 2010.
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