Obtaining FCRA utilization certificate

Introduction: The Foreign Contribution (Regulation) Act, 2010 (FCRA) stands as a pivotal legislation in India governing the inflow and management of foreign contributions by various entities including individuals, associations, and companies. FCRA registration serves as a prerequisite for any entity aspiring to receive foreign funds for designated purposes such as cultural, economic, educational, religious, or social programs. In the intricate landscape of FCRA compliance, the utilization certificate plays a crucial role. Here we aim to delve into the nuances of FCRA utilization certificates, elucidating their significance, procedural aspects, and implications. Understanding FCRA: Before delving into the intricacies of FCRA utilization […]