Foreign Contribution Regulation Act (FCRA) Renewal
(Price Start at $ 420 /-)

In order to control the acceptance and use of foreign donations by people, organisations, and businesses in India, the Foreign Contribution (Regulation) Act (FCRA) was passed in 2010. Its goal is to stop the use of foreign monies that can jeopardise internal security in the nation. The Act forbids accepting and using foreign hospitality or contributions for any endeavours that are harmful to the interests of the country.

Every five years, the FCRA registration and prior authorization must be renewed. The online application for renewal, along with the necessary papers (annual FC returns, income expenditure statements, and activity reports), must be filed no later than six months prior to the date of expiration. The application is reviewed to see whether accepting foreign funds complies with Act rules and whether using such funds for activities doesn't conflict with the public interest. After that, the renewal is approved for an additional five years, subject to any restrictions on the quantity, origin, or use of money. Any infraction may lead to a penalty, cancellation, or suspension. Therefore, in order to ensure a smooth licence renewal process, associations must adhere to all FCRA requirements.