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Context: The Ministry of Home Affairs (MHA) has amended the rules related to the filing of annual returns by Non-Government Organizations (NGOs) registered under the Foreign Contribution Regulation Act (FCRA). These changes involve the requirement for NGOs to provide details about both movable and immovable assets created using foreign funds.
Key points from the notification
Conclusion
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FOREIGN CONTRIBUTION REGULATION ACT (FCRA): https://www.iasgyan.in/daily-current-affairs/foreign-contribution-regulation-act-fcra-18
NGO Funding: https://iasgyan.in/daily-current-affairs/ngo-funding
PRACTICE QUESTION Q. How has the Foreign Contribution Regulation Act (FCRA) in India evolved over the years, and what are some of the key amendments introduced through the Foreign Contribution (Regulation) Amendment Act, 2020, with a focus on its impact on the regulation of foreign contributions and the organizations involved? |
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