WebApr 9, 2015 · For the uninitiated, FCRA is the law that governs how non-profit ventures accept donations from foreign sources. Although we have written a lot of blog posts pertaining to the Foreign Contribution Regulation Act, 2010 and its predecessor in 1976 ( FCRA) here, we realized that there are some very common clarifications that people still … WebAug 24, 2016 · Different philosophies. The basic difference is evident from the following fact that under FERA, any transaction in forex or with a non-resident would be prohibited unless generally or specially permitted. The structure stands changed under the FEMA where all current account transactions are permitted unless prohibited and all capital account ...
Foreign Direct Investment - Difference Between FERA And FEMA - iPleaders
WebJun 28, 2024 · The Companies Act, 2013, a successor to The Companies Act, 1956, made CSR a compulsory act. Under the notification dated 27.2.2014, under Section 135 of the new act, CSR is compulsory for all companies- government or private or otherwise, provided they meet any one or more of the following fiscal criterions [9]: sage green couch pillow covers
Five questions to tackle before making Foreign Contribution ... - iPleaders
WebSep 19, 2024 · Specified conditions under FCRA Act 1. The Applicant should not be, (a) Fictitious or Benami, (b) Found guilty of misutilization of funds, (c) Prosecuted or convicted for conversion of people belonging to one religion to another, creating communal tension, (d) Engaged in propagation of sedition, WebWith a large amount of shortage of Foreign Exchange in the nation, the Foreign Exchange Regulation Act of 1973 (FERA) was established. The act was instituted by the Indian Parliament by the government of Indira Gandhi but became effective from January 1, 1974. WebFeb 13, 2016 · The FCRA was originally enacted in 1976, ostensibly meant for address ‘security concern’ related to foreign funding in politics. Under the provision of Unlawful … thiago ramos