The Lok Sabha has introduced the Foreign Contribution Regulation (Amendment) Bill, 2020. The Bill proposes to include “public servants” and “corporations owned or controlled by the government” among the list of entities who are not eligible to receive funds from abroad. In addition, Aadhaar numbers of the office-bearers of NGOs will be mandatory for registration.The Lok Sabha has introduced the Foreign Contribution Regulation (Amendment) Bill, 2020. The Bill proposes to include “public servants” and “corporations owned or controlled by the government” among the list of entities who are not eligible to receive funds from abroad. In addition, Aadhaar numbers of the office-bearers of NGOs will be mandatory for registration.taxmann.com NewsRead More
