FCRA Online Registration in India When the Act Was Passed and Why It Matters
The History of the Fcra Act Foreign aid has been in existence in India to fund social, cultural, educational and humanitarian activities. Nevertheless the inflow of foreign money without regulation may become dangerous to the national interest, social order and financial transparency. In order to strike a balance between developmental needs and national security the Government of India has come up with a legal framework which is referred to as foreign contribution regulation act, otherwise called (FCRA). Since the advent of the digital governance, fcra online registration in India is now the only legal means by which ngos and trusts can seek permission to receive foreign contributions. When Was the fcra act Passed The initial foreign contribution regulation act was introduced in 1976 in a time when the government felt the necessity to control the contribution of foreigners in the domestic matters. The main aim was that the money coming in as foreigners was not to influence political a...
