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The Foreign Contribution Regulation Act (FCRA) is a legislative framework in India that governs the acceptance and usage of overseas finances by non-governmental corporations (NGOs) and associations. Under FCRA registration groups must meet specific standards, which include a minimal three-yr lifestyle, an easy financial record, and obvious governance. Registered entities need to file foreign contributions yearly ensuring budgets are used for authorized sports. Compliance with FCRA is essential to keep the duty to protect countrywide pastimes and sell ethical practices in fundraising and charitable work.
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