Wednesday, September 23, 2020

Lok Sabha passes FCRA (Amendment) Bill, 2020

The Lok Sabha has given its accent to the Foreign Contribution Regulation (Amendment) Bill, 2020. The Bill proposes to include “public servants” and “corporations owned or controlled by the government” among the list of entities who are not eligible to receive funds from abroad. In addition, Aadhaar numbers of the office-bearers of NGOs will be mandatory for registration.

from taxmann.com News https://ift.tt/3cqPuMU

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