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Monthly Archives: June 2019
Refund of Unutilized Foreign Remittance
Our organization is a trust registered under Foreign Contribution (Regulation) Act 2010. We received funding from an organization outside India for a specific project. Actual expenditure was less than projected, and the said organization outside India requires that all unutilised … Continue reading
Posted in FCRA, TAX, LEGAL
7 Comments
Prior Permission based Cash Flow Plan
Dear Friends, Prior permission letters specify number of and amount of each instalment to which Bank Managers decide to stick. Project holders seek funds based on action plan dictated by the seasons and community preparedness and convergence possibilities Bank’s insistence … Continue reading
Posted in FCRA, TAX, LEGAL
2 Comments
LATEST ON FORM CHANGES TO UPDATE CHANGES IN TRUSTEES
MHA has now brought separate Forms FC6 for different aspects. These are FC-6A (Change of Name & Address), FC-6C (Changes in Designated bank account), FC-6D (Addition / Changes in Utilisation bank account) & FC-6E (Changes in Trustees / key functionaries). … Continue reading
Posted in FCRA, TAX, LEGAL
1 Comment
MANDATORY SUBMISSION OF FORM FC-6E FOR CHANGES IN TRUSTEES / KEY FUNCTIONARIES
Home Ministry has now come with a notice requiring all registered NGOs to update all changes in office bearers. Till now Rule 17A required that any change shall be intimated electronically online, within fifteen days, The Rule covered several aspects … Continue reading
Posted in FCRA, TAX, LEGAL
4 Comments
Creation of Minority Trust
I had attended one workshop on NGO conducted by your organisation. I have a Charitable trust registered under Bombay Public Trust Act. It is from Pune. We are 3 trustees all Hindu. Kindly let me know how I can convert … Continue reading
Posted in FCRA, TAX, LEGAL
Comments Off on Creation of Minority Trust