By Madhavan

The Foreign Contribution Regulation Bill, 2006 has been introduced and is now being examined by the Standing Committee on Home.  This law will replace the FCRA, 1976.  We are preparing a Legislative Brief examining the implications of the proposals.

 This law affects every NGO that receives contribution from any foreign source.  (“Foreign source” includes any company with 50%+ shares held by non-Indians – so this includes companies such as ICICI and Infosys).

Have you read this Bill?  [The bill is uploaded in https://www.karmayog.org/fcra/ ]

It might also be useful to pass the Bill along to the affected NGOs.

By-