Categories
Uncategorized

Home Ministry cancels Infosys foundation registration

The Ministry of Home Affairs cancelled the registration Bangalore based NGO – Infosys Foundation for violating norms in receiving foreign grants.

All non-government organisations (NGOs) are required to be registered under the Foreign Contribution (Regulation) Act or FCRA to receive foreign funding.

The Home Ministry had last year served a 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.




The registration was cancelled only after Infosys Foundation failed to file income and expenditure statement on foreign funding for the past few years.

As per FCRA guidelines, registered associations are required to submit electronically an online annual report with scanned copies of income and expenditure statement, receipts and payment account, balance sheet,etc. for every financial year within nine months of the closure of the financial year.

Associations which do not receive foreign contribution during a particular year are also required to furnish a ‘NIL’ returns.



When contacted, Infosys Foundation said its de-registration from the FCRA followed a request it proactively made to the Ministry of Home Affairs.

“This (request) was done as the Infosys Foundation does not come under the purview of the FCRA following the amendment made to the act in 2016. We had approached the ministry to consider this, and thank them for granting our request,” said Rishi Basu from the foundation’s corporate marketing and communications division.

The foundation established in 1996, supports projects in education, rural development, health care, arts and culture, and destitute care.

Sudha Murthy is the chairperson of Infosys Foundation.




Source : Various


Leave a Reply