Proposed Amendments in FCRA Regulations

A series of amendments have been proposed in FCRA regulations which include: a) Debarring public servants from receiving foreign contribution b) Reducing the limit of spending on administrative expenses from 50% to 20% c) Opening a bank account exclusively for…

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Judgement by Apex Court on Application for 12A

A welcome judgement on Application for 12A registration by the Apex Court : Ananda Social And Educational Trust vs. CIT (Supreme Court) 12AA registration no stipulation that the trust should have already been in existence and should have undertaken any…

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