1 / 4

Foreign Contribution (Regulation) Act, 2010 (FCRA)

Foreign Contribution (Regulation) Act, 2010 (FCRA). Certain persons are totally barred from accepting Foreign Contributions - Political Parties, candidates, MLAs etc. Journalists, Owners, editors of newspapers Judges, Government Servants Companies engaged in mass communication (TV etc).

taran
Télécharger la présentation

Foreign Contribution (Regulation) Act, 2010 (FCRA)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Foreign Contribution (Regulation) Act, 2010 (FCRA) Ashit Hegde

  2. Certain persons are totally barred from accepting Foreign Contributions - • Political Parties, candidates, MLAs etc. • Journalists, Owners, editors of newspapers • Judges, Government Servants • Companies engaged in mass communication (TV etc) Ashit Hegde

  3. Registration with Central Govt. - • No person having a definite cultural, economic, educational, religious or social program shall accept foreign contribution without registration. Use of funds - • The funds have to be used only for the purpose for which contribution were received. The funds have to be received in the designated account only and no other funds can be credited to this account. Ashit Hegde

  4. Reporting - • To report details within 30 days of cases where F.C were received but without registration • All transactions aggr. Rs.1 Crore during a period of 30 days to be reported within 30 days. From Nov 1, 2013 online reporting of all receipts to Ministry of Home Affairs. (RBI cir dated Sept 20,2013) Ashit Hegde

More Related