As per the recent revision in FCRA rules, what is the limit up to which Relatives living abroad can send money to Indians?

Question

The Union Home Ministry has amended certain rules related to the Foreign Contribution (Regulation) Act (FCRA).
As per the new rules, Indians can receive up to ₹10 lakh in a year from relatives staying abroad without informing the authorities. The limit was ₹1 lakh earlier. If the amount exceeds, the individuals will have 90 days to inform the government, instead of 30 days earlier.

GKToday Admin · Accepted Answer

₹10 lakh The Union Home Ministry has amended certain rules related to the Foreign Contribution (Regulation) Act (FCRA).
As per the new rules, Indians can receive up to ₹10 lakh in a year from relatives staying abroad without informing the authorities. The limit was ₹1 lakh earlier. If the amount exceeds, the individuals will have 90 days to inform the government, instead of 30 days earlier.

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