Help to cancer patient from foreign source

This query is : Resolved

Sandy (Querist)
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17 June 2021 My son received Rs5 lakh in ordinary resident savings bank account from foreign from well wisher for cancer treatment.
He may get such help from foreign as fund raising is essential.
I would like to know whether any compliance, reporting, permission is required from RBI/ Central Govt. to receive funds in large scale.
Should he open special account with Bank.
Any Income Tax, Gift Tax obligatio?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 June 2021 Request a charitable trust registered under FCRA to receive the funds and give it to you.
Directly receiving funds from foreign country by individuals is prohibited

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