Government tightens FCRA norms with revised penalties for violations
The home ministry has revised the compounding penalties for a number of offences under the Foreign Contribution (Regulation) Act (FCRA), 2010. The penalty for defraying foreign contributions beyond 20 per cent of the contributions received for administrative expenses, will be Rs 1 lakh or 5 per cent of the amount spent beyond the limit, whichever is higher. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link




