Daily CA | Current Affairs of 10th May for JKSSB, JKPSC, UPSC Exams - Click on Link Below To download
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An NGO has now moved the Delhi High Court seeking exemption from the Union Home Ministry’s March 31 deadline to open an FCRA account with the SBI branch in New Delhi.
The petitioner argued that it applied to open the account before the March 31 deadline but the administrative delays on the part of the bank and the Ministry severely restricted its activities including providing COVID-19 relief and paying of urgent salaries of staff and also affected its charitable and educational activities.
Many NGOs are affected by the new regulations as they are hampering charitable work during the pandemic.
