Author Archives: SRRF

Interest on loans – is it commercial activity?

Posted on December 13, 2012 by SRRF

Dear Friends, Greetings from CWS! I have the following query: 1. We are providing drip irrigation kits to farmers wherein there is a subsidy component of 50% from the Agriculture Department, Govt of AP, contribution from farmers and CWS contribution … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Learnings for Lokpal / Lokayukta Institution

Posted on December 4, 2012 by SRRF

As talks of Lokpal Bill during the current Parliament Session resurface, it is time to look at a study undertaken by researchers at Azimji Premji University’s Law & Governance Initiative, on working of the Karnataka Lokayukta, for important learning about … Continue reading →

Posted in Accountability | Comments Off on Learnings for Lokpal / Lokayukta Institution

More than 20% increment in High Networth Individuals in India

Posted on December 3, 2012 by SRRF

As per an Asia-Pacific Report released by Merril Lynch, despite the economic slowdown there has been steady increase in High Net Worth Individuals in Asia-Pacific markets.  In India the numbers have risen almost by 21%. A High Net Worth has … Continue reading →

Posted in General | Comments Off on More than 20% increment in High Networth Individuals in India

Bureaucracy becoming more representative

Posted on November 30, 2012 by SRRF

As per a govt publication, representation of SCs/STs has gone up remarkably in various levels of civil service measured over a period of 43 years. SCs Group A Group B Group C Group D 1st Jan 1965 1.64% 2.82% 8.88% … Continue reading →

Posted in Social Issues | 1 Comment

Decline in Infant Mortality Rate

Posted on November 28, 2012 by SRRF

There has been a continuing declining trend in IMR since 2009. As per the latest data released by the Govt. IMR has declined by further three point to 44 per thousand in 2011 compared to 47 per 1000 in 2010. … Continue reading →

Posted in Child Rights | Comments Off on Decline in Infant Mortality Rate

Large number of NGOs not filing FCRA Annual Return

Posted on November 28, 2012 by SRRF

Large number of NGOs are not filing Annual Return as per data released by FCRA Department. 18507 (FY 2009-10 : 16855) FCRA registeredNPOs have not filed their annual return for the financial year 2010-2011. Highest number of NPOs belong to … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

ISSUES RELATED TO TDS REFUND

Posted on November 26, 2012 by SRRF

Dear Sir/Madam Due to non-availibility of PAN in the records of the bank, the bank made TDS @ 20%. In Form16A, PAN of deductee says ‘PANNOTAVAILABLE’ stating the Q-TDS Return has been filed without giving the credit to the PAN … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Restrictions on Political Activities for NGOs

Posted on November 24, 2012 by SRRF

Dear Members, Under which section of the IT Act, Indian Trust Act and FCRA 2010, a registered Public charitable Trust is prohibited to influence/fund the political activity ? Looking forward to receiving your opinion. Regards, Shekar

Posted in FCRA, TAX, LEGAL | Comments Off on Restrictions on Political Activities for NGOs

Is FCRA required for foreign individual Donors?

Posted on November 22, 2012 by SRRF

Hi, We are a very small org working using sports to combat gutkha addiction among slum youth. A lot of school and college mates settled out of India would like to donate sums like U.S. $ 100 or U.K. L … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Filing of FCRA (FC-6) Retrun

Posted on November 20, 2012 by SRRF

Dear Sir/Madam Kindly let us know if FC-6 pertaining to FY 2011-12 is to be submitted manually & online both or only manual filing is sufficient. Regards Anutam

Posted in FCRA, TAX, LEGAL | 9 Comments