Author Archives: SRRF

Query – Documents Required for FCRA Registration

Posted on August 14, 2012 by SRRF

Dear Sir ours is a Charitable trust registered at Jaipur Rajasthan and we work in two states Raj and UP and have four offices (Project wise locations) three in Rajasthan and one in UP. We are planing to apply for … Continue reading →

Posted in FCRA, TAX, LEGAL | 6 Comments

Amendments in Juvenile Justice Act

Posted on August 12, 2012 by SRRF

Juvenile Justice (Care and Protection of Children) Amendment Bill, 2010, was passed by Rajya Sabha. It will end the segregation of disease-hit children from other occupants of juvenile homes. Replying to a brief debate on the Bill, Women and Child … Continue reading →

Posted in Child Rights | Comments Off on Amendments in Juvenile Justice Act

Financial Inclusion : Indian Perspective

Posted on August 11, 2012 by SRRF

The term “financial inclusion’’ has gained importance since the early 2000s. Financial inclusion is now a common objective for many central banks among the developing nations. As per a estimate by a TCS study India has second largest population around … Continue reading →

Posted in General | Comments Off on Financial Inclusion : Indian Perspective

New Income Tax Return (ITR-7) form

Posted on August 7, 2012 by SRRF

Dear SRRF Members, Greetings of the day, The new form of Income Tax Return (ITR-7) for the NGO has been released. Thanks to Account aid for sharing the relevant information. Please refer to the mail below for details:- Income Tax Department has released … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Transfer of foreign funds to Private Trust/Private Limited Company

Posted on August 4, 2012 by SRRF

Hi All, Can an NGO transfer foreign funds to private trust or Private Limited Company as an Sub Award and if so, what is the process and legal work to be looked into Would TDS be applicable and at what … Continue reading →

Posted in FCRA, TAX, LEGAL | 6 Comments

PF related query

Posted on July 25, 2012 by SRRF

Hi My office has got its staff affiliated to Employees Provident Fund Organization (EPFO) w.e.f. February 2012. We had applied for the affiliation in February 2012; however, the approval came in April 2012. By that time, the salaries for February … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Query:- FCRA- Receipt of medicines from abroad.

Posted on July 25, 2012 by SRRF

Dear Sir, Greetings from New Life! We received Vitamin A capsules from a foreign agency for one of our projects. However the capsules were sent to one of the organisation in India and then resent to us from the Indian … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Query-How to file the FCRA return by organisation having prior permission?

Posted on July 19, 2012 by SRRF

Hello Every One, I got a question related to FCRA annual return. What is the process to file the annual return for those organisation who have received FCRA prior permission. Is it online ?. Please suggest, as we are going … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Query-How to manage disposal of FCRA assets?

Posted on July 13, 2012 by SRRF

Hi Does anyone know what are the norms for disposal of old vehicles under FCRA? We have very old vehicles; can we dispose of them? Do we need permission from someone and what does one do with the money? Thanks … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Query- Donation by Indians staying abroad

Posted on July 13, 2012 by SRRF

Dear Friends I need clarification on FCRA contribution by Indian staying abroad. If an Indian staying abroad having Indian Passport and giving donation to the Trust, will it be treated under FCRA or not. Thanks Wing Commander (Retd) Ashish Kumar … Continue reading →

Posted in FCRA, TAX, LEGAL | 7 Comments