Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Opportunity to file Delayed annual returns – Final date ‎approaching fast ‎

All NGOs (or all those who are aware of any such NGOs) whose FCRA registration was cancelled are reminded to ensure that they upload their annual accounts at the earliest. This is a golden opportunity for all those NGOs whose … Continue reading

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FCRA Rules amended again – Now require affidavit from each office bearer / members

FCRA authorities have again amended FCRA Rules. Find the Notification on the link below. (click for notification) This amendment now requires all persons (Chief Functionary,Chairperson, President, Secretary, CEO, MD, office bearer, key functionary,members) associated with governance of an NGO to … Continue reading

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OPPORTUNITY TO FILE DELAYED ANNUAL RETURNS ‎WITHOUT PAYING FINES ‎

FCRA Dept in a rare initiative brought relief to over 15000 NGOs whose registrations had been cancelled for non-filing of online Annual Returns. It has now opened a window for these organisations to file these Annual Returns online, without paying … Continue reading

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Family Trust

In the case of a registered family trust what is the role of the “author”? If the original author is no more who will be heading the Trust? Can the Managing trustee can be the chief functionary? Dr. Chandrasekhar Sankurathri, … Continue reading

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Can we (FCRA Body) manage schools with no FCRA? ‎

Sir, ‎ A Society with FCRA Registration for EDUCATION PURPOSES wants to create Education infrastructure with its own ‎‎/ FCRA funds and manage and run Education Institutions thro’ No FCRA Registration – Charitable Organisation. No ‎transfer of assets. Is it … Continue reading

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Budget Amendments – 12A to be cancelled in case of non-compliance with all laws

Finance Bill has now empowered Income Tax authorities to not grant 12A registration of a Charitable Entity or cancel the same, if already granted, in case it transpires that the entity has not complied with any specific law which is … Continue reading

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Reduces the Rate of ESI Contribution from 6.5% to 4%

The Government of India has taken a historic decision to reduce the rate of contribution under the ESI ‎Act from 6.5% (4.75% +1.75%) to 4% (3.25%+0.75%). Employers’ contribution being reduced from ‎‎4.75% to 3.25% and employees’ contribution being reduced from … Continue reading

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No Ease of Poverty Alleviation for non-profits

Dear Friends,‎FCRA allows FDI NOT FOR PROFIT.‎ Foreign fund through NGOs is FDI for poverty alleviation through development and jobs without ‎profit motive.Hence FCRA rules and regulations should enhance ease of doing development work ‎aimed at alleviating poverty. Related laws … Continue reading

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Difference in a Trust & Foundation

Dear Member, My company is desirous to open a trust / foundation. The main objective will be to procure and pass on grants/donations to women who are engaged in the manufacture of carpets. This foundation will then procure those carpets … Continue reading

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Latest on Updating Changes of Trustees (Form FC-6E)‎

As many of you know that FCRA Dept has come out with a public notice requiring all NGOs who are registered under FCRA or have prior permission to update details of its office bearers/key functionaries online by 7th July 2019. … Continue reading

Posted in FCRA, TAX, LEGAL | 4 Comments