https://www.taxtmi.com/acts?id=12681 Foreign contribution must be received through a designated "FCRA Account" at the Central Government-specified State Bank of India branch in New Delhi. Recipients may maintain further scheduled-bank FCRA or utilisation accounts for amounts transferred from that receipt account, but no funds other than foreign contribution may enter such accounts. Relevant banks and authorised foreign-exchange persons must report prescribed remittances, their source, manner of receipt and other prescribed particulars. en-us Fri, 13 May 2011 19:00:59 +0530 Mon, 31 Aug 2026 16:38:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12681 Foreign contribution must be received through a designated "FCRA Account" at the Central Government-specified State Bank of India branch in New Delhi. Recipients may maintain further scheduled-bank FCRA or utilisation accounts for amounts transferred from that receipt account, but no funds other than foreign contribution may enter such accounts. Relevant banks and authorised foreign-exchange persons must report prescribed remittances, their source, manner of receipt and other prescribed particulars. Act-Rules FEMA Fri, 13 May 2011 19:00:59 +0530 https://www.taxtmi.com/acts?id=12681