FCRA UPSC

the folders state that any article gifted to a person for personal use and if the market value in india and the date of exchange exceeded the 1 lakh rupee then it shall became a foreign contribution.

In January 2020 in exercise of power under FCR act 2010, ministry of home affairs published order

all the institution or organization constituted by central or state legislation or even by administrative or executive order of any centre or state or any institution own by appropriate government, and if these institution are required to have accounts compulsorily audited by CAG then these agency are menu by FCRA act 2010.

this exemption mainly leveraging meny benefited university and other education institution to leverage foreign contribution

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