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NEWS

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 FCRA purposes at SBI branch, New Delhi

The final amendments are awaited .

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Courtesy :

https://twitter.com/TOIIndiaNews/status/1307566459875278850?s=08

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