FCRA obligations for receiving Funds for Cancer Treatment by individual patient from foreign source

Others 227 views 1 replies

My son is 4 stage Cancer patient and had appealed to well Wishers in forign country for donation for his treatment. They are ready to send more than Rs.1 lakh individually.

Can my son receive foreign contribution. Is there obligation/permission required from Govt. /RBI.

Is there obligation of bank receiving fund. Should he open special Savings Bank account. 

Replies (1)
Open an Special Account for receiving foreign income in SBI and Receive funds under liberalised remittance scheme under RBI act


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details