Understanding fcra registration rules, procedures and benefits for non governmental organizations
Introduction to fcra registration The registration of fcra ( Foreign Contribution Regulation Act ) is an essential legal necessity of ngos and other non-governmental organisations located in India that want to be provided with foreign funds. The fcra, which has been in force since 1976 and has been amended over time is meant to govern the acceptance and use of foreign contributions in order to promote transparency, accountability and national interest. In the case of ngos, fcra registration is not only a formality but a key procedure that enables them to access international sources of funding, increase their areas of operation and execute development projects that are in line with their missions. The ngos cannot take in foreign donations unless registered in fcra, failure to which they are subject to sanctions such as suspension, cancellation of registration, legal proceedings and loss of credibility. Registration is done through an elaborate application to the Ministry of Home A...