India Tightens Oversight on Funds Received by NGOs
The Ministry of Home Affairs (MHA) has laid down a charter for banks to tighten oversight on funds received by non-governmental organisations (NGOs).
- As per the existing rules, all banks have to report to the Central government within 48 hours, the receipt or utilisation of any foreign contribution by any NGO, association or person whether or not they are registered or granted prior permission under the Foreign Contribution Regulation Act (FCRA).
Charter for Banks
- The charter says that donations received in Indian rupees by NGOs and associations from any foreign source even if that source (including foreigners of Indian origin like ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Supreme Court’s Directions on Remission Policy for Convicts
- 2 Proxy Participation in PRIs
- 3 Status of Devolution to Panchayats in States
- 4 Government Directive against AI Tools
- 5 Digital Brand Identity Manual
- 6 Extension of National Commission for Safai Karamcharis (NCSK)
- 7 First Edition of SOUL Leadership Conclave
- 8 Concerns over Delimitation Exercise
- 9 NAKSHA Programme
- 10 Supreme Court Allows All Disabled Candidates to Opt for Scribes
