Wednesday, October 14, 2020

MHA asks all NGOs seeking Foreign Donations to open FCRA Account at the SBI’s New Delhi branch [Read Notification]

MHA - NGOs - Foreign Donations - FCRA Account - SBI’s New Delhi branch - TaxscanThe Ministry of Home Affairs (MHA) has asked all NGOs registered under the Foreign Contribution (Regulation) Act (FCRA), 2010, will now have to open or maintain an FCRA account in State Bank of India’s New Delhi main branch at Sansad Marg, for exclusively receiving all foreign contributions. In September, the Foreign Contribution (Regulation) Act, 2020 […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3lQbBjH

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