Why business organizations are not suitable for foregin contributions

BANDYOPADHYAY, PRABIR

Why business organizations are not suitable for foregin contributions - 2012 - 982-987

The preamble to the Foreign Contribution Act, 2010 states the objective thus:(1) to regulate the acceptance and utilisation of foregin contribution or foreign hospitality by certain individuals or associations or companies and (2) to prohibit acceptance and utilisation of foreign contribution or hospitality for any activities detrimental to the national interest.

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