New Delhi, June 23 -- The home ministry has revised the compounding penalties for a number of offences under the Foreign Contribution (Regulation) Act (FCRA), 2010, involving the receipt and utilisation of foreign contributions by non-governmental organisations, according to a gazette notification.
The orders were notified by the ministry on Monday under powers conferred by section 41(1) of the Act.
The penalty for defraying foreign contributions beyond 20 per cent of the contributions received for administrative expenses, in contravention of section 8 of the Act, will be Rs 1 lakh or 5 per cent of the amount spent beyond the limit, whichever is higher, the notification said.
The utilisation of foreign contribution in speculative activit...