Infosys Foundation de-registered from FCRA on ‘own volition’

Our Bureau New Delhi | Updated on May 13, 2019

Sudha Murthy, chairperson, Infosys Foundation. File Photo   -  The Hindu

The Ministry of Home Affairs has de-registered the Infosys Foundation from the Foreign Contribution (Regulation) Act (FCRA).

The Foundation has said that it has not violated any FCRA norms, and was de-registered following its own request to the Ministry.

The Foundation was registered under the FCRA in January 2016. 

In May 2016, the government amended the FCRA in the Finance Bill with retrospective effect from 2010. 

As a result, the Foundation no longer fell within the purview of the FCRA, it said in a statement on Monday. 

The Foundation thereafter applied for its de-registration from the FCRA in June 2016, and had received acknowledgement from the FCRA wing in the same month.

The Foundation has submitted its annual returns for FY16, FY17 and FY18, even though it did not fall within the purview of the Act following its amendment. 

Additionally, the Foundation had also submitted necessary paperwork to the government in July 2018, in order to showcase that it has not received any foreign funding.

The Foundation has not received any notice to file returns pertaining to the FCRA after April 2018. 

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on May 13, 2019
This article is closed for comments.
Please Email the Editor