The Foreign Contribution Regulation Bill, 2006 has been introduced and is now being examined by the Standing Committee on Home.  This law will replace the FCRA, 1976.  We are preparing a Legislative Brief examining the implications of the proposals.

 This law affects every NGO that receives contribution from any foreign source.  (“Foreign source” includes any company with 50%+ shares held by non-Indians – so this includes companies such as ICICI and Infosys).

Have you read this Bill?  [The bill is uploaded in http://www.karmayog.org/fcra/ ]

It might also be useful to pass the Bill along to the affected NGOs.

By-