why fcra compliance important

Fcra (Foreign Contribution Regulation Act) is necessary for companies receiving foreign donations in India. This ensures transparency and accountability, keeping in mind the integrity of non-profit activities, making a wide discovery of the country. By regulating foreign contribution, fcra prevents misuse of money for activities that can reduce India's sovereignty. Compliances accept foster stakeholders as correct among donors, officials of officers and public with public, ensuring that the business performs inside the gel structure. Ultimately, fcra is not the best which best supports legitimate operation, but additionally increases the credibility of NGOs and charitable trusts.