The Central Government has specified the penalty for exceeding administrative expenses beyond 20% of FC received in contravention of section 8 of FCRA, 2010
As per the MHA notification dated 1st July 2022 [S.O. 3025(E)], the Central Government has specified the Offence, Penalty & Officer for compounding the offences under the FCRA, 2010. Details about one of the offence is given below:
Offence | Defraying of Foreign Contribution beyond 20% of the Contribution received for Administrative Expenses in contravention of section 8 of the Act |
Description | Compounding of offence punishable for exceeding the administrative expenditure beyond 20% |
Penalty | One Lakh rupees or 5 % of such foreign contribution so defrayed beyond the permissible limit, whichever is higher. However, the amount of penalty shall not be more than the value of foreign contribution received |
Officer competent for compounding | Director, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the Act |
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