A licence under the Foreign Contribution (Regulation) Act (FCRA) has been granted to the Banke Bihari temple in Vrindavan.
This will make it possible for temple to get funding from overseas.
A family of priests used to run the temple, which was regarded as private property.
A committee designated by the court is currently in charge of temple.
The management committee applied for an FCRA licence under the 2010 Act.
The approval coincides with recent 2022 changes to the FCRA regulations.
Key amendments include stricter restrictions on administrative costs for foreign funding, which were previously capped at 50%. These have been lowered to 20%.
Organisations that want to receive foreign funding are required by law to get FCRA registration.
This registration is subject to renewal and has a five-year validity.
Any payments from overseas must go through the appropriate State Bank of India (SBI) branch in New Delhi.
