Fcra Registration and Its Role in Financial Transparency

The foreign contribution regulation act (FCRA) is an important piece of law in India that controls the reputation and use of foreign contribution using people and groups. Established to ensure transparency and accountability the fcra said that institutions should investigate with the Ministry of Home Affairs in search of foreign funds. This registration process is no longer able to track foreign flows, although in addition, with the help of preventing the misuse of budget for sports, protects the state's sovereignty that can endanger public order. With the requirement of simple reporting and compliance, fcra agrees with financial transparency and foster public. As a result, it plays an important role in maintaining the integrity of civil society groups at the same time, as foreign contribution sells financial practices responsible.