What are the eligibility criteria for obtaining FCRA Registration?
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The Foreign Contribution Regulation Act, 2010 (FCRA) regulates the acceptance and utilization of foreign contribution by certain individuals or associations. It is a central legislation that was enacted with the objective of preventing the use of foreign contribution for any activities detrimental to the national interest. Under the FCRA, all associations which desire to receive foreign contribution are required to obtain prior registration or prior permission from the Central Government. The registration is valid for a period of 5 years and can be further renewed after 5 years. The FCRA registration is a simple and straightforward process. In this article, we will look at the eligibility criteria for obtaining FCRA registration, the FCRA registration fees, and the FCRA registration process. What is FCRA registration? The Foreign Contribution Regulation Act or FCRA is a set of regulations that govern the receiving and utilization of foreign contributions by religious, educa...