Category Archives: FCRA, TAX, LEGAL

Subsequent to amendments in FCRA through FCRA 2020, now the Govt. has brought out several major changes in the Rules. These changes have brought some clarity on earlier changes made in the Act. In this post we cover some of … Continue reading →

Dear Members, I am working in NGO as Finance Manager. And i have some doubts regarding FCRA Administrative Expenses. 1. We had purchased a Vehicle from Mahendra and they have provided loan to Organization. Every month the premium and interest … Continue reading →

As per the latest FCRA Amendment 2020 came into force for mandating specified branch namely SBI, New Delhi Main Branch, Sansad Marg, Delhi- 110001 for maintaining FCRA Designated Account. ‎ SBI, NDMB now created a designated FCRA cells to handle … Continue reading →

Dear Sir, I attended your Webinar session and it was very good and you clarify many of queries. I still have some specific query it will be great if you can reply to me. In the staffing cost of our … Continue reading →

From today we start a series on common quries being raised by several NGOs to help better understand of resent FCRA changes One of the queries is, if NGOs can receive funds in their present FCRA Designated Account (let’s call … Continue reading →

SBI Parliament Street Account can be opened by 31st Mar 2021(based on FCRA Public Notice dt 13-10-2020) Realising the practical problems for thousands of NGOs to open bank account, overnight in Parliament Street Branch, Govt has now given extension to … Continue reading →

Govt. has shown un-characteristic rush to get FCRA implemented. It has notified the FCRA Amendment Act 2020 and made it effective from 29th September 2020. The short Notification SO 3395(E) dt. 29th September 2020 reads: In exercise of the powers … Continue reading →

Dear Friend, Thank you for giving information about amendment of FC rules 2020. I request you to let me know how a rural Trust in Sundarban area can get prior permission for receiving foreign grant for health services. With best … Continue reading →

Govt has introduced amendments in FCRA through FCRA 2020, which are likely to have a major impact on the way the NGO Sector works.  Major changes with brief description is as follows: ‎No transfer of FC to Public Servant: Addition … Continue reading →