Mechanisms for monitoring FCRA registration

Introduction The Foreign Contribution (Regulation) Act, 2010 (FCRA) is a crucial legislation in India that regulates the acceptance and utilization of foreign contributions by individuals, associations, and companies. FCRA registration is mandatory for entities seeking to receive foreign funds for various purposes such as cultural, economic, educational, religious, or social programs. Compliance with FCRA regulations is essential to ensure transparency, accountability, and the lawful utilization of foreign contributions. Here we delve into the mechanisms for monitoring FCRA registration compliance in India, exploring the regulatory framework, enforcement measures, challenges, and recommendations for effective monitoring. Regulatory Framework The regulatory framework governing FCRA […]