Monthly Archives: October 2020

New Detailed guidelines for Opening of designated FCRA ‎Bank A/c

Posted on October 29, 2020 by SRRF

As per the latest FCRA Amendment 2020 came into force for mandating specified branch namely SBI, New Delhi Main Branch, Sansad Marg, Delhi- 110001 for maintaining FCRA Designated Account. ‎ SBI, NDMB now created a designated FCRA cells to handle … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Allocation of Expenses under FCRA as amended

Posted on October 17, 2020 by SRRF

Dear Sir, I attended your Webinar session and it was very good and you clarify many of queries. I still have some specific query it will be great if you can reply to me. In the staffing cost of our … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Clarifications re Existing Designated Account

Posted on October 14, 2020 by SRRF

From today we start a series on common quries being raised by several NGOs to help better understand of resent FCRA changes One of the queries is, if NGOs can receive funds in their present FCRA Designated Account (let’s call … Continue reading →

Posted in FCRA, TAX, LEGAL | 12 Comments

Extention for Opening of FCRA Bank A/c

Posted on October 13, 2020 by SRRF

SBI Parliament Street Account can be opened by 31st Mar 2021(based on FCRA Public Notice dt 13-10-2020) Realising the practical problems for thousands of NGOs to open bank account, overnight in Parliament Street Branch, Govt has now given extension to … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

SRRF’s FCRA 2020 Amendment Webinar

Posted on October 12, 2020 by SRRF

SRRF’s FCRA 2020 Amendment Webinar Saturday, 10th October 2020 Timing: 3:30 p.m. to 5:00 p.m. Topic Presenter Reference Material – A brief presentation will be made on changes brought under the Act and latest update on the same. –This will … Continue reading →

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