1
0

Is donation given by Non-Resident Indians (NRIs) considered as a foreign contribution?

Whether donation given by Non-Resident Indians (NRIs) is treated as ‘foreign contribution’?

143
Team Legistify

Team Legistify

  • Answered on 02:22 PM, 28 Sep 18

Contributions made by a citizen of India living in another country (i.e.Non-Resident Indian), from his personal savings, through the normal banking channels, is not treated as foreign contribution. However, while accepting any donations from such NRI, it is advisable to obtain his passport details to ascertain that he/she is an Indian passport holder.

Upvote


Insta Consult | Legistify
Insta Consult | Legistify