slimfatboy: Why would they turn away good money coming into their economy?
"It is more likely that the WTS did not want to pay tax on the money that they sent to India."
I take that back.
The reason why the Watchtower was banned from sending foreign money to India:
The controversial Watchtower Bible and Tract Society was banned from receiving foreign funds after the government found that it was engaged in coercive conversions.
According to the FCRA, only the organisations registered by the central government or those sanctioned "prior permission" can receive funds from abroad. The funds can only come through a declared bank account, and such organisations have to submit their audited returns to the home ministry every year.
The FCRA mechanism exists only to regulate those organisations which receive foreign funds through legal channels. To ensure more complete monitoring, the home ministry now plans to introduce a law that would compel all NGOs, including all religious organisations, to disclose their sources of funds to the government.