Thank you for your quick response, Peter!If you are able to point me to someone who can provide more specifics, that would be really useful for me.
This is probably in reference to India’s Foreign Contribution Regulation Act. Multiple clauses, in particular clause 11, would almost certainly apply; a 2020 amendment also requires that foreign contributions be stored in special bank accounts.
FCRA is what I suspected as well. It would be great if anyone could confirm this. Because, I can possibly take steps to workaround FCRA.
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Thank you for your quick response, Peter!
If you are able to point me to someone who can provide more specifics, that would be really useful for me.
This is probably in reference to India’s Foreign Contribution Regulation Act. Multiple clauses, in particular clause 11, would almost certainly apply; a 2020 amendment also requires that foreign contributions be stored in special bank accounts.
FCRA is what I suspected as well. It would be great if anyone could confirm this. Because, I can possibly take steps to workaround FCRA.