Do You Know

DYK58
Volume - 58
January 2023

As per the MHA notification dated 1st July 2022 [S.O. 3025(E)], the Central Government has specified the Offence, Penalty & Officer for compounding the offences under the FCRA, 2010. Details about one of the offence is given below:

Offence

Failure to intimate about receipt of Foreign Contribution within the prescribed time limit.

Description

The person who received Foreign Contribution in excess of Rs.10 Lakhs from his relative and failed to report to MHA within 3 months  in Form FC-1 can apply for compounding of offence.

Penalty

5 % of such foreign contribution received in a financial year.

Officer competent for compounding

Director, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the Act.

 

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