Charitable Trusts, Societies, Section 8 Company that receive foreign contribution or donation from foreign sources are required to obtain registration under section 6 of Foreign Contribution Regulation Act, 2010. Such registration under the Foreign Contribution Regulation Act, 2010 is called FCRA registration.
Benefits of FCRA Registration
- It helps those organizations which work for the benefit and better of the public and are involved in the social work.
- It helps the organizations lawfully in receiving the foreign contributions or government aids.
- An entity registered under FCRA can receive donations from foreign bodies.
