Author Archives: SRRF

Financial inclusion – making progress but still miles to go

Posted on January 20, 2014 by SRRF

Crisil, the rating agency has developed a financial inclusion index for India’s districts. The Index is called INCLUSIX. It is a ready reckoner on how the states and the districts have performed on financial inclusion. It measures achievements on basically … Continue reading →

Posted in Social Issues | 1 Comment

Introspection

Posted on January 14, 2014 by SRRF

Dear Friends, We all started as Voluntary Organisation and are Registered as Public Society or Trust, as the case may be. We got NGOised in the recent three decades- thanks to World Bank. It is true that most of US … Continue reading →

Posted in General | 11 Comments

Use of FC funds for radio stations

Posted on January 10, 2014 by SRRF

Dear Members, Request you to kindly enlighten me on whether radio stations can avail FC funds?  Also can FC funds be used to open and operate FM/Radio i stations by NGOs? Your prompt reply will be highly appreciated. Regards Raphael … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Relief by courts against cancellation of S.12 A and S.80(G)

Posted on January 7, 2014 by SRRF

Cancellation of S.12 A registration As tax authorities are more and more resorting to cancellation of charitable status of Trusts, a Punjab High Court decision would come as a relief. As per the decision, Income Tax authorities must record findings … Continue reading →

Posted in FCRA, TAX, LEGAL | Comments Off on Relief by courts against cancellation of S.12 A and S.80(G)

Clarification on Advance FC funds to the staff

Posted on January 6, 2014 by SRRF

Dear Friends, Greetings from Hyderabad! I am writing this mail to seek clarification on the issue of advancing FC funds to the staff of the organization. These advances could be in the form of salary advance, travel advance, program advance … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

NSSO 69th Survey Results

Posted on January 1, 2014 by SRRF

NSSO has recently come out with its 69th Survey reports. Overall results indicate better picture than the last time round. A few Key results : Urban slums have come down significantly – by almost 32% (from 49000 in 2009 to … Continue reading →

Posted in General | 4 Comments

Clarification for preparing FC-6

Posted on December 26, 2013 by SRRF

Following query received from Mr. Sunil Kumar Suryavanshi on the topic “Clarification for preparing FC-6”. Kindly provide your responses. Dear All We have registered under FCRA and regularly filed FCRA return. There is one confusion, we have purchased some assets … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

Changes in FCRA Bank account number

Posted on December 24, 2013 by SRRF

Following query received from Mr. K. Swamidas, on changes in FCRA Bank account. Sir Good Morning I,  K. Swamidas, I have FCRA ( my society name: Live For Christ Ministries). My FCRA bank a/c changed. My FCRA bank old number … Continue reading →

Posted in FCRA, TAX, LEGAL | 8 Comments

Shifting of FCRA bank account to the other city

Posted on December 18, 2013 by SRRF

We have received following query from Mr. Priyamvada Singh. Kindly give your responses. We have our trust registered in Bangalore Karnataka under the Trust Act since Dec. 2003 and having FCRA certification (permanent) since 2009. Our FCRA bank account is … Continue reading →

Posted in FCRA, TAX, LEGAL | 8 Comments

FCRA Annual Returns – Is online filing mandatory?

Posted on December 17, 2013 by SRRF

We have received following query from NASEOH on the topic “FCRA Annaul Returns”. Kindly give your responses. Dear Sir, We had filed our Annual Returns under FCRA with the Ministry of Home Affairs, Govt.of India, for the financial year 2011-12, … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments