https://www.taxtmi.com/acts?id=12681 Recipients of foreign contribution must receive funds only in a designated FCRA Account at the Central Government-specified SBI branch; they may open additional FCRA Accounts in scheduled banks to hold or utilise transferred foreign contributions, and may open accounts in scheduled banks solely for utilising transferred contributions. No funds other than foreign contribution may be deposited in these accounts. The specified SBI branch, scheduled bank branches holding such accounts, and authorised persons in foreign exchange must report prescribed remittances, their source and manner, and other prescribed particulars to the specified authority in the prescribed form and manner. en-us Fri, 13 May 2011 19:00:59 +0530 Mon, 26 May 2025 10:52:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12681 Recipients of foreign contribution must receive funds only in a designated FCRA Account at the Central Government-specified SBI branch; they may open additional FCRA Accounts in scheduled banks to hold or utilise transferred foreign contributions, and may open accounts in scheduled banks solely for utilising transferred contributions. No funds other than foreign contribution may be deposited in these accounts. The specified SBI branch, scheduled bank branches holding such accounts, and authorised persons in foreign exchange must report prescribed remittances, their source and manner, and other prescribed particulars to the specified authority in the prescribed form and manner. Act-Rules FEMA Fri, 13 May 2011 19:00:59 +0530 https://www.taxtmi.com/acts?id=12681