https://www.taxtmi.com/news?id=23184 The Bill amends the Act to include public servants among those prohibited from accepting foreign contribution; prohibits registered persons from transferring received foreign contribution to any other person; reduces the limit on administrative expenses from fifty to twenty per cent; requires applicants to open and specify an FCRA Account (with receipt through a designated SBI New Delhi branch and prescribed reporting); authorises Aadhaar or passport/OCI identification for key functionaries; permits surrender of certificates where no contravention is found; and empowers the Central Government to restrict utilisation pending summary inquiry. en-us Mon, 21 Sep 2020 15:15:41 +0530 Wed, 11 Feb 2026 15:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23184 The Bill amends the Act to include public servants among those prohibited from accepting foreign contribution; prohibits registered persons from transferring received foreign contribution to any other person; reduces the limit on administrative expenses from fifty to twenty per cent; requires applicants to open and specify an FCRA Account (with receipt through a designated SBI New Delhi branch and prescribed reporting); authorises Aadhaar or passport/OCI identification for key functionaries; permits surrender of certificates where no contravention is found; and empowers the Central Government to restrict utilisation pending summary inquiry. News - Mon, 21 Sep 2020 15:15:41 +0530 https://www.taxtmi.com/news?id=23184