Infosys Foundation de-registered from FCRA on own request
The Foundation was registered under the FCRA Act in January 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 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, the statement said.
“The Foundation has submitted its annual returns for FY16, FY17 and FY18, though it did not fall under the purview of Act following its amendment. Additionally, the Foundation has also submitted necessary paperwork to the Government in July 2018, to showcase that the Foundation has not received any foreign funding,” the statement said.
The Foundation has not received any notice to file returns pertaining to FCRA after April 2018, the statement added.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.