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Act to regulate funds regarding foreign contributions: Centre

29th September 2020

Act to regulate funds regarding foreign contributions: Centre

The Central Government on Monday notified the Foreign Contribution (regulation) Amendment Act, 2020, to regulate the acceptance and utilization of foreign contributions by individuals, associations and companies. And to amend the Foreign Contribution Act 2010 to prohibit the utilization and acceptance of foreign contribution and for any activities determined to national interest where this act prohibits the public servants from accepting any foreign contributors in addition with election candidates, politicians, servants and legislature member among others and if any individual is to contribute with them they should take this permission for Indians where it should be valid document or Aadhar and for foreigners it should be the passport or OCI card.

 
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