Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Receipt of foreign fund by a NGO

Is it ok for a non FCRA NGO to receive upto USD 10,000 per annum? Do they need a separate bank account for this? Please let me know. Many thanks, Stanley, ODAF

Posted in FCRA, TAX, LEGAL | 6 Comments

Change of Trust Name

Would like to know what will be the procedure to change the name of an existing registered charitable Trust. Is it possible to change the name or do we have to register a new Trust? Thanks Mukti K Bosco Founder … Continue reading

Posted in FCRA, TAX, LEGAL | 7 Comments

Compulsory registration for All FCRA entities at NITI Aayog ‎

FCRA department has came out with a circular on 04th October 2017 to obtain “UNIQUE ID” for all NGOs / organisations registered with FCRA Department or wishing to apply Prior Permission / Registration  by registering to NITI Aayog portal “NGO-DARPAN”. … Continue reading

Posted in FCRA, TAX, LEGAL | 5 Comments

Is the cash payments limit of Rs.10,000 applicable from April 2017

Dear SRRF Members, As per finance Act 2017 Limit for payment of expenses by cash is reduced from Rs. 20,000 to 10,000/-. When from will this 10,000 limit apply? Is it from 1st April 2017? Regards, Vidya Sagar Devabhaktuni President, … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Payment of salaries to staff working out side India for organization

How to pay the salaries to staff who are working in foreign for our organization? What are taxes ‎applicable to them? Kindly guide us.‎ ‎(M.C.Ramesh)‎ General Secretary ‎ Vidyaranya Bangalore

Posted in FCRA, TAX, LEGAL | 5 Comments

Updation FCRA information on website

We were happy to come across your site giving helpful clarifications to various queries. The service you are thus providing is really appreciable. Thank you very much. In a clarification dated Feb 6, 2016, there was a mention that for … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

How do we settle advances of staff in FCRA?

How do we settle advances of staff in FCRA? We have a vehicle revolving fund from a FC donor, where an advance is given for vehicle to staff and they repay in installments. When we deposited in the FCRA receipt … Continue reading

Posted in FCRA, TAX, LEGAL | 7 Comments

Payment to a foreigner in foreign currency towards consultancy

Dear Members Greetings! I would like to know the possibility of making a payment to a Foregin National (after entering into a written agreement) in Foregin currency to his foreign bank account (the account is in UK) and he will … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Sale of assets acquired under FCRA Fund

To my professional knowledge assets\immovable property acquired under fcra money in India by a charitable company could be sold only with RBI permission and could be deposited \shown in fcra account. Kindly give reply. Isaiah Sundar Singh

Posted in FCRA, TAX, LEGAL | 3 Comments

APPLICABILITY OF GST TO NGOS

Considering widespread likely impact of GST, legal provisions, rules and available circulars were studied to understand its applicability for NGOs. While one cannot say that GST is applicable to GST per se, simply because there is no blanket exemption to … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment