Rule 4 — Speculative activities

Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026

Identifies activities treated as speculative for FCRA purposes and therefore relevant to the statutory restriction on speculative use of foreign contribution.

Working notes

What to check: Separate permitted treasury/ordinary banking activity from prohibited speculation.
Before you close the file: Keep investment and utilisation records.

Related on Finin2min

Foreign Contribution (Regulation) Act, 2010 — hub homeForeign Contribution (Regulation) Rules, 2011 — instrument guideFCRA statutory forms and portal workflow registerNGO compliance hubIndian Trusts Act, 1882 hubSocieties Registration Act, 1860 hub

Primary official sources

← Rule 3 — Guidelines for declaration of an organisation to be of a poli Rule 6A — When articles gifted for personal use do not amount to forei →

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