FEMA and Banking
The government has issued a directive regarding the prompt response to clarifications sought for registration, renewal, or prior permission applications under the Foreign Contribution (Regulation) Act, 2010. Applications are processed exclusively through the FCRA portal, & any deficiencies in information will result in queries raised on the portal. Applicant associations are advised to regularly check their FCRA portal & email accounts to respond promptly to avoid denial of their applications.
Public Notice No. II/21022/23(04)/2024/FCRA-II dated 17.12.24
