Thursday, August 11, 2022

Home Ministry amends FCRA rules

The Union Home Ministry has amended certain rules related to the Foreign Contribution (Regulation) Act (FCRA) allowing Indians to receive up to Rs 10 lakh in a year from relatives staying abroad without informing the authorities.
The earlier limit was Rs 1 lakh. In a notification, the home ministry also said if the amount exceeds, the individuals will now have 90 days to inform the government instead of 30 days earlier. In a separate notification, the home ministry made five more offences under the FCRA “compoundable” instead of directly prosecuting the organisations or individuals.
Earlier, only seven offences under FCRA were compoundable. The new rules, Foreign Contribution (Regulation) Amendment Rules, 2022, were notified by MHA through a gazette notification on Friday night.

SourcePTI

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