
Ministry amends FCRA norms: NGOs getting foreign funds can't publish news content, says MHA
In a notification issued late Monday night, the ministry said under the amended rules, NGOs which are seeking permission to get foreign funding must give an undertaking that they will adhere to the Good Practice Guidelines of the Financial Action Task Force (FATF).
'Such bodies or NGOs, which are seeking registration, must enclose financial statements and audit reports of the last three years, including the statement of assets and liabilities, receipts and payments account, and income and expenditure account,' it said.
'If the audit reports and financial statements do not contain activity-wise expenditure for the last three financial years, a chartered accountant's certificate specifying the activity-wise amount spent by the association, duly reconciled with the income and expenditure account and the receipt and payment account must be submitted,' it added.
'In case the association or the NGO is engaged in publication-related activities or if publication activities are among its aims as stated in the Memorandum of Association or trust deed, an undertaking from the chief functionary regarding compliance with the FCRA, 2010, must be given,' it said.
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