Fcra Amendments 2020

Solicitor General Tushar Mehta had appeared for the Centre and said that the amendments have been made only for better regulation and monitoring of inflow and outflow of foreign funds.

Minister of State for Home Affairs Nityanand Rai informed that under the Foreign Contribution (Regulation) Amendment Act 2020, all foreign-funded NGOs have to compulsorily open an FCRA account in State Bank of India's main branch at Delhi

Solicitor General Tushar Mehta had appeared for the Centre and said that the amendments have been made only for better regulation and monitoring of inflow and outflow of foreign funds.

Minister of State for Home Affairs Nityanand Rai informed that under the Foreign Contribution (Regulation) Amendment Act 2020, all foreign-funded NGOs have to compulsorily open an FCRA account in State Bank of India's main branch at Delhi