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About
The Foreign Contribution Regulation Act (FCRA) is an Indian law enacted to alter the recognition of foreign finances by means of organizations and individuals. Its number one cause is to make sure that overseas contributions do no longer adversely have an effect on India's sovereignty and integrity. Under the FCRA entities must register and achieve permission to receive overseas donations. The Act mandates transparency requiring organizations to maintain precise records and put up annual reports. Non-compliance can lead to consequences which include the forfeiture of registration, emphasizing the significance of accountability within the nonprofit area.
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