NEW DELHI: The Home Ministry has cancelled the FCRA licence of Infosys Foundation for alleged violation of norms in receiving foreign grants, media reports quoted officials as saying.
The Home Ministry had last year served show cause notice to Infosys Foundation for failing to submit annual income and expenditure statement on foreign funding for up to six years despite repeated reminders, officials said.
The registration was cancelled as Infosys Foundation allegedly did not file income and expenditure statement on foreign funding for the past few years, they said.
The Home Ministry had last year served show cause notice on 1,755 NGOs, including Infosys Foundation, for failing to submit annual income and expenditure statements on foreign funding electronically on the Ministry’s portal even though they received “nil” contributions.
The Infosys Foundation said in a statement that it had requested the Home Ministry to cancel the registration in June 2016.
“The Foundation was registered under the FCRA Act in January 2016. In May 2016, the Government amended the FCRA Act in the Finance Bill with retrospective effect from 2010 as a result of which the Foundation no longer fell under the purview of the FCRA Act. The Foundation thereafter applied for its de-registration from FCRA with an additional request to cancel the FCRA registration in June 2016, and received acknowledgement from the FCRA wing in the same month,” it said.
📢 Partner with India CSR
Are you looking to publish high-quality blogs or insert relevant backlinks on a leading CSR and sustainability platform? India CSR welcomes business and corporate partnership proposals for guest posting, sponsored content, and contextual link insertions in existing or new articles. Reach our highly engaged audience of business leaders, CSR professionals, NGOs, and policy influencers.
📩 Contact us at: biz@indiacsr.in
🌐 Visit: www.indiacsr.in
Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.
