Here are the salient points of the new Foreign Contribution (Regulation) Act 2020, passed by the Ministry of Law and Justice, Government of India, on 28 September 2020. It amends the previous Act of 2010.
- General Guidelines
According to the FCRA laws 2010 and Rules 2011, the FCRA registration certificate has to be renewed once every five years. The renewal application should be made six months before the expiry of the existing registration. The FCRA registration certificate will lapse if the renewal is not done in time. This means that after the period of validity of the certificate the association will not be able to receive foreign contributions.
To read the entire article, click Subscribe
Fr Trevor D’Souza FCA