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Exception to Prohibition to accept foreign contribution [Section 4] - FCRA Ready Reckoner - FEMAExtract Exception to Prohibition to accept foreign contribution Section 4 of FCRA 2010, provides that section 3 of FCRA, 2010 does not not apply in case if any person (specified in section 3 of FCRA, 2010), accept any foreign contribution in such manner - a ) by way of salary, wages or other remuneration due to him or to any group of persons working under him, from any foreign source or by way of payment in the ordinary course of business transacted in India by such foreign source ;or b ) by way of payment , in the course of international trade or commerce, or in the ordinary course of business transacted by him outside India; or c ) as an agent of a foreign source in relation to any transaction made by such foreign source with the Central Government or State Government ;or d ) by way of a gift or presentation made to him as a member of any Indian delegation, provided that such gift or present was accepted in accordance with the rules made by the Central Government with regard to the acceptance or retention of such gift or presentation ;or e ) from his relative ;or Note:- A n y person receiving foreign contribution in excess of one lakh rupees or equivalent thereto in a financial year from any of his relatives shall inform the Central Government re g ar d ing the details of the foreign contribution received by him in electronic form i n Form FC-1 within 30 days from the date of receipt of such contribution . [ Rule 6 of FC(R) Rules, 2011 ] f ) by way of remittance received , in the ordinary course of business through any official channel, post office, or any authorised person in foreign exchange under the FEMA ,1999 ;or g) by way of any scholarship, stipend or any payment of like nature: If any foreign contribution received by any person specified under section 3 , for any of the purposes other than those specified under section 4 , such contribution shall be deemed to have been accepted in contravention of the provisions of section 3 of FCRA 2010.
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