Monthly Archives: August 2012

Financial Inclusion : Indian Perspective

The term “financial inclusion’’ has gained importance since the early 2000s. Financial inclusion is now a common objective for many central banks among the developing nations. As per a estimate by a TCS study India has second largest population around … Continue reading

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New Income Tax Return (ITR-7) form

Dear SRRF Members, Greetings of the day, The new form of Income Tax Return (ITR-7) for the NGO has been released. Thanks to Account aid for sharing the relevant information. Please refer to the mail below for details:- Income Tax Department has released … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

Transfer of foreign funds to Private Trust/Private Limited Company

Hi All, Can an NGO transfer foreign funds to private trust or Private Limited Company as an Sub Award and if so, what is the process and legal work to be looked into Would TDS be applicable and at what … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments