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Author Archives: SRRF
Opportunities for NGOs
The finance ministry is pulling out all stops to further financial inclusion. The ministry has asked banks to tie up with NGOs as business correspondents in a pilot project to lend to self help groups (SHG). As a result lending … Continue reading
Posted in MFIs
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ACCOUNTING FOR GRANTS
Dear friends, May I raise a related but different question for expert advice? Grants need not be shown in the Balance Sheet excepting in Income and Expenditure Statement. That way one can legally circumvent the tax and or ceiling limitations … Continue reading
Posted in FCRA, TAX, LEGAL
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Query: Is it ok, if we deposit the loan amount received from the field staff in the FCRA bank account
Hello Every one, I have a question, regarding the amount to be deposited in the FCRA bank account. When we give advance or Loan to the field staffs from FCRA bank account and when they repay this amount, we need … Continue reading
Posted in FCRA, TAX, LEGAL
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Query: Funds transfer from FCRA accounts.
We are sec 25 and 12 A registered and have FCRA certificate. We have been given a grant to manage the Project in partnership with the donor. There would be 10 NGO’s from sector and 20 employees of the donor. … Continue reading
Posted in FCRA, TAX, LEGAL
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New Child Adoption Guidelines
Govt of India has brought out new guidelines for adoption under Juvenile Justice (Care & Protection) Act 2000. The guidelines have centralised the adoption process through Central Adoption Resource Authority (CARA). The new guidelines have been prepared to address three … Continue reading
Posted in Child Rights
1 Comment
TDS Query
Dear all My office has given one contract agreement to an architecture for doing some renovation work costing around Rs 6 lakh. So whether this should be a contract agreement or consultancy agreement as Architecture are treated as professionals. what … Continue reading
Posted in FCRA, TAX, LEGAL
10 Comments
Only 15% earn regular wages
As per a NSSO survey for the year 2009-10, only around 16% of country’s work-force is engaged in regular wage employment, 33% in casual labour and in fact more than ½ the population (51%) is still self-employed. National Rural … Continue reading
Posted in General
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UNFPA for strengthening TBA
UNFPA has recognized that Midwifery plays a critical role in improving maternal and newborn survival health. The report indicates that India has 324,624 mid-wives, considering there are around almost 27 million births per year, it works out that there are … Continue reading
Using Innovative ways to improve Child Sex Ratio
Kolhapur administration in Maharashtra is using a software called ‘Silent Observer’ to help reduce the Girl Child Foeticide. It has installed this software in all 800 sonography clinics in the district. The software directly provides the information to administration and … Continue reading
Posted in Child Rights
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FCRA funds to Self Help Groups
Dear SRRF Friends, 21st December 2011 May I seek the opinion or correct position regarding prior permission as per the recently amended FCRA. I am closely associated with few organisations working with HelpAge India. These organisations are managing Elderly Self … Continue reading
Posted in FCRA, TAX, LEGAL
10 Comments