Category Archives: FCRA, TAX, LEGAL

Dear Sir, Many companies in India have foreign shareholding more than 50% due to liberalization of FDI policy. These would be “foreign source” as per section 2(1)(vi) of FCRA. Receipt of donation/contribution by NGO (not registered under FCRA) directly or … Continue reading →

Dear SRRF partners, kindly give answer to the following query. At the time of registration of a Trust or a Society, all will not have their own buildings for the offices. They will provide the address where the Founder presently … Continue reading →

Dear Sir, We are organizing a workshop on solid tumor (a type of cancer) in which we are expecting the participants from all over India. We will charge registration fee only. We will do all expenses like providing accommodation, to and fro train … Continue reading →

Dear sir, Our NGO registered under societies Act is working since 2005 , We does not take any financial contribution. NGO activities mostly related to awareness building and advocating efficient water use practices & educating primary class students and village … Continue reading →

Dear Sir, If a Funding Agency based in India gives Donation to us in our FCRA Account, since the source of Funding is Foreign based. The transfer of money will be from their FC Account to our FC Account through RTGS. Do we … Continue reading →

For last week or so, media, both print as well as electronic, has been abuzz with how Indian NGOs are trying to sabotage the Indian economy by decelerating economic pace, as if they are the neo Jaichands in the new … Continue reading →

Dear All, In case of FCRA, the authorities insist on applying in form FC-3 in case the registered office is shifted from one district to another or to another state to validate the changes. This may be on account of … Continue reading →

Hello Sir, We have received a cheque in USD from a foreign donor on 14/03/14 and have deposited the same in our FCRA Account on 14/03/14. But the cheque got credited in our Bank Account on 02/04/14. Since, Financial Year … Continue reading →

Dear Friends,   Can Designated Bank (FC bank account) receive Indian Currency through Western Union, say for example From Canada to India?   Looking froward to hearing from you all.   Ajaya 

Dear All, Greetings from Hyderabad! Can the own funds of the NGO be converted into Corpus Fund based on the decision of the BoT/GB? Thanks and regards, — B V Soma Sastry