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What challenges do gig workers face?
What challenges do gig workers face? Gig workers face several challenges, primarily revolving around the nature of temporary, project-based...
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UPSC Prelims 2025 Answer Key GS Paper 1 – UPSC Prelims 2025 Solution GS Paper 1 Question 1. Consider the following types of vehicles...
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Q How will India effectively address the growing economic and social burden of dementia? Ans Addressing the growing economic a...
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Here are some tips for preparing for daily current affairs for the UPSC exam: · Read newspapers : Choose a newspaper that cover...
What are the Key Provisions of the New FCRA Rules for NGOs?
ReplyDeleteBan on Publication Activities: NGOs engaged in publication-related activities must now obtain a certificate from the Registrar of Newspapers for India ensuring compliance with media regulations and declaring they are “Not a Newspaper.”
Financial Disclosure: NGOs applying for FCRA, 2010 registration must submit financial statements and audit reports for the past three years, including assets and liabilities, income and expenditure, and receipts and payments accounts.
ReplyDeleteFATF Compliance: NGOs must declare adherence to Financial Action Task Force (FATF) Good Practice Guidelines, aligning with India’s efforts to strengthen oversight of foreign financial flows.
New Requirements for Receiving Foreign Contributions: NGOs must submit a commitment letter from foreign donors matching the donation with a detailed project report with expense breakdown.
ReplyDeleteObligations for Previously Registered NGOs: If an NGO’s FCRA registration has expired or been cancelled, it must submit an affidavit detailing the receipt and utilisation of previously received foreign contributions.
ReplyDeleteForeign Contribution Regulation Act
About: FCRA is a law enacted in 1976 during the Emergency to regulate the acceptance and use of foreign contributions by individuals, associations, and organizations in India.
ReplyDeleteIt ensures that such contributions are used only for legitimate purposes and do not compromise national interest.
Amendments: The original FCRA Act, 1976 was repealed and replaced by new legislation in 2010 to modernise the law governing foreign contributions.
ReplyDeleteIn 2020, additional amendments were introduced to tighten the regulations and improve oversight of foreign donations.