A

PRESENTATION PRESENTATION ON

BY

Suriya.GSuriya.G

12MSW03612MSW036

FCRAFCRA

• Foreign Contribution Regulation Act (FCRA) is an act passed by Indian parliament in 1976 with the objective of regulating the acceptance and utilization of foreign financial assistance by organizations and individuals within the geographic area of India.

Foreign ContributionForeign Contribution

• Means the donation, delivery or transfer, Means the donation, delivery or transfer, made by any foreign source of any;made by any foreign source of any;

• article, not given to a person as a gift, for article, not given to a person as a gift, for personal use, if the market value in India of personal use, if the market value in India of such article exceeds one thousand rupees;such article exceeds one thousand rupees;

• currency, whether Indian or foreign;currency, whether Indian or foreign;• foreign security.foreign security.

NOTE : Contributions made by an NRI, from NOTE : Contributions made by an NRI, from his/her personal savings, through the normal his/her personal savings, through the normal banking channels, is not treated as foreign banking channels, is not treated as foreign contribution.contribution.

Foreign SourceForeign Source• Government of foreign country or any agency of such Government of foreign country or any agency of such

Government.Government.• International agencies, not being ofInternational agencies, not being of

• United Nations or its specialized agenciesUnited Nations or its specialized agencies• World BankWorld Bank• International Monetary FundInternational Monetary Fund• Such other agencies as so notified by the Central Such other agencies as so notified by the Central

Government.Government.• Foreign company or Corporation incorporated in foreign Foreign company or Corporation incorporated in foreign

countrycountry• Trade Union in a foreign country Trade Union in a foreign country • Foreign Trust or Foundation or Society or Club formed or Foreign Trust or Foundation or Society or Club formed or

registered outside Indiaregistered outside India• Company where more than half of shareholding held by foreign Company where more than half of shareholding held by foreign

Govt., foreign citizens, foreign corporationsGovt., foreign citizens, foreign corporations• Citizens of foreign countriesCitizens of foreign countries

Who cannot accept Foreign Who cannot accept Foreign Contribution (Sec 3)Contribution (Sec 3)

• Candidate for elections.Candidate for elections.

• Correspondents, columnists, Correspondents, columnists, cartoonists, editor, owner, printer.cartoonists, editor, owner, printer.

• Judge, Government servant or Judge, Government servant or employee of any corporationemployee of any corporation

• Member of any LegislatureMember of any Legislature

• Political party or office-bearer Political party or office-bearer thereof.thereof.

RegistrationRegistration

• Means permanent permission to Means permanent permission to accept foreign contribution from accept foreign contribution from any foreign source.any foreign source.

• Granted to associations which Granted to associations which are in existence for more than 3 are in existence for more than 3 years and have spent over Rs.6 years and have spent over Rs.6 lakhs in last 3 years in chosen lakhs in last 3 years in chosen area of activities.area of activities.

FORMS AND DESCRIPTION

Form No Description

FC- 1Information to the Central Government of receipt of foreign

contribution by way of gift from relative

FC – 2

Application for seeking prior permission of the Central Government to accept foreign hospitality

FC – 3

Application for “ registration “ U/S 11 of the FCRA for acceptance of foreign contribution by an Association having definite cultural, economic, educational, religious or social

programme

FC – 4

Application for “ prior permission” U/S 11(2) of FCRA for the acceptance of foreign contribution by an Association having definite cultural, economic, educational, religious or social

programme

FC – 5

Application for seeking of “ registration certificate “ U/S 13 of the FCRA ( To be submitted within six month before the date

of expiry of the certificate of registration

FORMS AND DESCRIPTIONForm No Description

FC- 6Account of Foreign Contribution for the year ending on

the 31st March

FC – 7

Information about Foreign Contribution( Articles) Account

FC – 8

Intimation about foreign Contribution ( securities) Account

FC – 9

Intimation to the Central Govt. of Receipt of foreign contribution received by a candidate for Election

FC – 10

Application for seeking permission for transfer of foreign contribution to other registered/ unregistered persons.

MAJOR ACTIVITIES

• 2139 associations were granted permission to receive foreign contribution.

• 24associations were inspected by the officials of MINISTRY OF HOME AFFAIRS.

• FCRA ONLINE SERVICES – 29.9.2006

TOP 15 DONOR CONTRIES

TOP 15 DONOR AGENCIES

REASONS

PRACTICAL KNOWLEDGE PRACTICAL KNOWLEDGE ABOUT FCRAABOUT FCRA

FROM WORLD VISION INDIA