https://www.taxtmi.com/notifications?id=130840 The Rules operationalise the Foreign Contribution (Regulation) Act, 2010 by defining key terms, prescribing electronic applications and Forms FC 1 to FC 10 for registration, prior permission, renewal and annual returns, requiring exclusive bank accounts for foreign contribution receipts, mandating separate audited accounts and six year record retention, obliging banks to report receipt transactions, specifying designation criteria for organisations of political or speculative nature, prescribing fees and timelines, and setting custodial, utilisation and enforcement procedures including suspension, cancellation and transfer restrictions. en-us Fri, 29 Apr 2011 00:00:00 +0530 Wed, 11 Feb 2026 15:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130840 The Rules operationalise the Foreign Contribution (Regulation) Act, 2010 by defining key terms, prescribing electronic applications and Forms FC 1 to FC 10 for registration, prior permission, renewal and annual returns, requiring exclusive bank accounts for foreign contribution receipts, mandating separate audited accounts and six year record retention, obliging banks to report receipt transactions, specifying designation criteria for organisations of political or speculative nature, prescribing fees and timelines, and setting custodial, utilisation and enforcement procedures including suspension, cancellation and transfer restrictions. Notifications FEMA Fri, 29 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130840