Monthly Archives: December 2021

FCRA Registration Date extended

We are so happy to inform all of you all that Ministry of Home Affairs has extended the validity of FCRA registration certificates to 31st March 2022. It is applicable to all those entities whose registration initially was due to … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

GST on Grants

Some of you may have heard news that as per a recent decision, Grants are to be covered under GST. SRRF Dialogue examines the case and its implications.  Jayshankar Gramin Va Adivasi Vikas Sanstha, (referred to as JGAVS)an NPO is … Continue reading

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Uncertain times for status of FCRA Renewal ‎

These are uncertain times for most NPOs registered under FCRA. Last time most NPOs FCRA was renewed on 31st Oct 2016 or a date close to it, hence as per rules, FCRA was to expire five years later on or … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Can Local proceeds rec’d on sale of FC assets be deposited to FCRA account?‎

The issue of receiving proceeds from non-FCRA sources has always been a prickly issue, as often bankers do not allow remittances from local sources to be deposited in the FCRA bank account. SBI has now started allowing deposit of proceeds … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment