Dear Friends,
FCRA allows FDI NOT FOR PROFIT.
Foreign fund through NGOs is FDI for poverty alleviation through development and jobs without profit motive.Hence FCRA rules and regulations should enhance ease of doing development work aimed at alleviating poverty. Related laws of the land should be strictly enforced to prevent and detect punishable practices without draconian elements. But the new powers conferred on Income Tax Commissioners drastically reduces ease of alleviating poverty and adds draconian dimension to monitoring of NGOs, vide the News Papers : https://timesofindia.indiatimes.com
Udayashankar