Govt. Amends Foreign Contribution Rules, 2011, Allowing Unspent Administrative Expenses to Be Carried Forward
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- Last Updated on 4 January, 2025
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Notification No. G.S.R. 790(E)., Dated 31.12.2024
Ministry of Home Affairs has notified amendment to introduce third proviso to rule 5 of Foreign Contribution (Regulation) Rules, 2011. The new proviso allows associations to carry forward the unspent portion of allowable administrative expenses from one financial year to the next, with reasons to be specified in Form FC-4. The amendment shall be effective from 01.01.2025.
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