Category Archives: FCRA, TAX, LEGAL

Our organization is a trust registered under Foreign Contribution (Regulation) Act 2010. We received funding from an organization outside India for a specific project. Actual expenditure was less than projected, and the said organization outside India requires that all unutilised … Continue reading →

Dear Friends, Prior permission letters specify number of and amount of each instalment to which Bank Managers decide to stick. Project holders seek funds based on action plan dictated by the seasons and community preparedness and convergence possibilities Bank’s insistence … Continue reading →

MHA has now brought separate Forms FC6 for different aspects. These are FC-6A (Change of Name & Address), FC-6C (Changes in Designated bank account), FC-6D (Addition / Changes in Utilisation bank account) & FC-6E (Changes in Trustees / key functionaries). … Continue reading →

Home Ministry has now come with a notice requiring all registered NGOs to update all changes in office bearers. Till now Rule 17A required that any change shall be intimated electronically online, within fifteen days, The Rule covered several aspects … Continue reading →

I had attended one workshop on NGO conducted by your organisation. I have a Charitable trust registered under Bombay Public Trust Act. It is from Pune. We are 3 trustees all Hindu. Kindly let me know how I can convert … Continue reading →

DONATIONS In the 2nd part on this series of Resource Mobilisation, lets focus on Donations, second most (if not the first) popular form of income of NGOs. One can say donations are birth right of a non-profit and hence should … Continue reading →

Taking a cue from Mr Mathew Cherian’s Vijay Sardana Memorial Lecture, we start a series of short discussion points on Resource Mobilisation for Non-Profits. We start with one of the most popular resource, GRANTS. I don’t need to discuss much … Continue reading →

Summary of the lecture by Mathew Cherian Is financial viability of the Voluntary Sector a mirage? The way forward PART-III ACCOUNTABILITY AND TRANSPARENCY We need to open our financials to scrutiny to the smallest donor, reporting bodies and to be … Continue reading →

Summary of the lecture by Mathew Cherian Is financial viability of the Voluntary Sector a mirage? The way forward PART-II The common thread is LOCAL vs INTERNATIONAL FUNDING. Out of the 3.1 million organisations, merely 50,000 organisations are the struggling … Continue reading →

Summary of the lecture by Mathew Cherian Is financial viability of the Voluntary Sector a mirage? The way forward PART-I To begin with I would like to thank SRRF for the honour of inviting me to deliver the first Vijay … Continue reading →