Foreign Contribution Regulation Act was enacted in the year 1976 with the prime objective of regulating the acceptance and consumption of foreign involvement and foreign hospitality by associations and persons working in the important areas of national life. The focus of this Act is to ensure that the foreign contribution and foreign hospitality is not utilized to affect electoral politics, public servants, judges and other people working the important areas of national life like printers, journalists and publishers of newspapers, etc.
FCRA Registration Procedure and Process
Application for registration underneath FCRA can be filed any time after registration of the organization, but the organization with a huge past histories of activities have a greater chance of convincing the FCRA authorities with regard to authenticity and the relevance of their purpose. Organizations desirous of registering themselves with the FCRA department are required to apply in form FC 8 along with various documents. The FCRA department may inquire the intelligence bureau for a report on which FCRA department decides whether to accept or reject the application. The FCRA department issues a registration certificate and provides a permanent registration number, which is required to be quoted in all future association and filing of returns and forms. Under certain circumstances application for registration will be refused if it affects the dominion and integrity of India.
FCRA registration in India
First it is to be registered with the central government and secondly the organization will receive foreign contribution only throughout a specified bank account. FCRA department also seek report form the intelligence bureau about the record of that particular organization. On the basis of the report if the FCRA department deems fit afterward it will grant FCRA registration. We as service providers gentle you service on FCRA registration in India. Our expert team of professional will provide you all useful information about the FCRA registration and allied queries.