https://www.taxtmi.com/acts?id=12713 Section 48 confers delegated rulemaking power on the Central Government to implement the Foreign Contribution (Regulation) Act, 2010. Rules may prescribe compliance requirements for foreign-contribution reporting, foreign hospitality, registration, prior permission, renewal, utilisation, vesting, management, account maintenance and remittance reporting. The power also covers political-nature classification, speculative business, administrative-expense calculation, disposal of assets, confiscation limits, revision and compounding procedures, and prescribed returns and statements. en-us Fri, 13 May 2011 19:14:21 +0530 Mon, 31 Aug 2026 14:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12713 Section 48 confers delegated rulemaking power on the Central Government to implement the Foreign Contribution (Regulation) Act, 2010. Rules may prescribe compliance requirements for foreign-contribution reporting, foreign hospitality, registration, prior permission, renewal, utilisation, vesting, management, account maintenance and remittance reporting. The power also covers political-nature classification, speculative business, administrative-expense calculation, disposal of assets, confiscation limits, revision and compounding procedures, and prescribed returns and statements. Act-Rules FEMA Fri, 13 May 2011 19:14:21 +0530 https://www.taxtmi.com/acts?id=12713