Here are some notes about the Foreign Contribution (Regulation) Act, 2010 (FCRA):
- What is the Foreign Contribution (Regulation) Act, 2010?
The Foreign Contribution (Regulation) Act, 2010 (FCRA) is an Act of the Parliament of India that regulates the acceptance and utilization of foreign contributions by certain organizations in India. - What are the objectives of the FCRA?
The objectives of the FCRA are to:- Prevent the misuse of foreign contributions for activities that are detrimental to the national interest.
- Ensure that foreign contributions are used for bona fide purposes.
- Provide transparency in the acceptance and utilization of foreign contributions.
- Who is covered by the FCRA?
The FCRA applies to the following organizations in India:- Political parties
- Non-governmental organizations (NGOs)
- Charitable institutions
- Educational institutions
- Religious institutions
- What are the different types of foreign contributions?
The FCRA defines two types of foreign contributions:- Foreign donations: These are contributions that are received in cash or kind from a foreign source.
- Foreign hospitality: These are benefits that are received in kind from a foreign source, such as free travel or accommodation.
- What are the restrictions on foreign contributions?
There are a number of restrictions on foreign contributions, including:- Foreign contributions cannot be accepted from certain countries.
- Foreign contributions cannot be accepted for certain purposes.
- Foreign contributions cannot be accepted without prior permission from the Central Government.
- What are the penalties for violating the FCRA?
Penalties for violating the FCRA can include:- Imprisonment for up to 5 years.
- Fine of up to INR 500,000.