FCRA, 2010 has been enacted by the Parliament to consolidate the law to regulate the acceptance and utilization of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilization of foreign contribution or foreign hospitality for any activities detrimental to national interest and for matters connected therewith or incidental thereto.
To Whom FCRA, 2010 Is Applicable?
As per Section 1(2) of FCRA, 2010, the provisions of the act shall apply to: i- Whole of India ii- Citizens of India outside India; and iii- Associate Branches or subsidiaries, outside India, of companies or bodies corporate, registered or incorporated in India.
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