The Ministry of Home Affairs (MHA) has extended the deadline for NGOs to activate accounts with the State Bank of India (SBI) till 30th June 2021.
As activating account with SBI main branch in Delhi is a compulsory requirement to receive foreign funds. Earlier the deadline to activate such account was 31st March 2021.
Knowledge Source:
Amended Customs Rules for Importers to Avail Concessional Rate on Custom Duty