Category Archives: FCRA, TAX, LEGAL

Dear Friends I need clarification on FCRA contribution by Indian staying abroad. If an Indian staying abroad having Indian Passport and giving donation to the Trust, will it be treated under FCRA or not. Thanks Wing Commander (Retd) Ashish Kumar … Continue reading →

Dear Friends, Gretings from CWS! This is with reference to FC-6: In serial number 3:  “Purpose of FC funds received and utilized”, in the last column there is some information sought i.e. “Place with address of the specific activity”. I … Continue reading →

Dear Friends, Greetings from Hyderabad! As you are aware that from March 2012, the PF has been made online and the organizations are expected enter one instrument/cheque/DD number for the contributions. Moreover, it becomes difficult with the banks since they … Continue reading →

Can you help me with this inquiry regarding our registered charitable trust under the Indian Trust Act since year 2000? We’ve 80G permanent approval. IS IT POSSIBLE TO HAVE VARIOUS PROJECTS IN DIFFERENT NAMES UNDER THE TRUST PROPERLY INITIATED BY RESOLUTIONS AND COLLECT DONATIONS … Continue reading →

Dear Members, Institute would like to know, through the FCRA grant received by the Institute for research project, can faculty members be paid over and above their regular salary as one time pay off for doing the research proposed in … Continue reading →

Dear all, Is it mandatory now that expenditure on welfare activities must be at least Rs. 10 lacs to be eligible to apply for FCRA registration? Thanks, Snigdha Sarkar

Dear Members, I have a query for funds transfer from a local a/c to a foreign entity is possible or not?  We have 2 bank accounts (FCRA and local a/c).  We have funds in our local a/c.  This funds cannot … Continue reading →

Dear All, In my opinion, we can open separate bank account (sub FCRA A/c) and transfer the fund from FCRA to sub FCRA A/c. Make normal transaction from sub-fcra A/c. Hope banker have no problem if we deposit cash in sub-FCRA A/c after … Continue reading →

Dear Sir We need a clarification that may I pay advance to Staff, Vendors etc from FCRA account,  if yes than how to settle their accounts. Like I have paid Rs 25000 and he submitted bills of Rs. 20000 than … Continue reading →

Dear Friends, We have opened a new project bank account in which all the funds for the project will be transferred from FCRA , as we to intimate foreign ministry regarding the account kindly help us if we have to … Continue reading →