Monthly Archives: December 2017

Migration of FCRA Bank Account with PFMS Compliant Bank by 21st January 2018‎

FCRA Department vide its circular dated 21/12/2017 has made it mandated all ‎individuals / organizations who receive contribution under the FCRA, 2010 to ‎migrating their designated FCRA Bank Account with the PFMS (Public Financial ‎Management System) compliant bank, as per … Continue reading

Posted in FCRA, TAX, LEGAL | 39 Comments

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 | 7 Comments