FCRA stands for the Foreign Contribution Regulation Act, which is a law enacted by the Government of India to regulate foreign donations to non-profit organizations. FCRA registration is mandatory for NGOs receiving foreign contributions and ensures legal compliance, transparency, and accountability.
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A dedicated account must be maintained for foreign contributions.
NGOs must submit annual reports detailing foreign contributions received and utilized.
Organizations must seek approval from MHA before accepting foreign contributions from a new donor.
Funds can only be used for approved purposes and not for unrelated activities.
An annual audit report must be submitted along with financial statements.
Registration renewal must be completed six months before expiration.