- Qtly disclosure of FC rec’d no longer required
Rule 13 (b) which required that FC rec’d in a quarter needs to be disclosed within 15 days has now been removed from FCRA rules. This means there is no need for publishing FC received on quarterly basis, either on organisation’s website or on FCRA website.
- Limit exempting reporting of FC from relative increased to Rs 10 lakh
Present exemption of reporting to FCRA Dept (through FC-1) of an FC received from a relative has been increased from Rs 1 lakh to Rs 10 lakh in a financial year. Time limit for reporting the same has been extended from 30 days to three months.
- Increase in Time Limit of reporting changes
Earlier all changes in bank accounts, trustees, address, etc. which were required to be reported to FC Dept within 15 days of the change now has been extended to 45 days.
- Revision u/section 32 can be made only through a prescribed document
There are very few remedies available to a person aggrieved by an order of FCRA Dept. Revision under Section 32 is one of the only remedy available for a person aggrieved from a Order of FCRA Dept. Under this section, a person can make an application for revision of the Order within one year of such an order.
Earlier a Revision could be made on a plain paper, however now the Dept has stated that it should be submitted in electronic format to be specified by the FCRA Dept.
All the above rules have been amended effective 1-7-2022.
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Socio Research & Reform Foundation (NPO)
512 A, Deepshikha, 8 Rajendra Place,
New Delhi – 110008.