Sad News of passing away of Sh Vijay Sardana, Founding President of SRRF

Dear Dialogue Members,

With profound sorrow, I inform SRRF Dialogue members that Shri Vijay K. Sardana (Founder President of SRRF), has passed away yesterday morning (28/03/2018) after a brief period of illness.

Shri Sardana ji, 73, had devoted almost his entire life to the social development sector. He was an unassuming man but who was firm on principles of ethics & integrity in his day to day life. He worked tirelessly to improve governance practices in the social sector. He was one of the first to promote true partnership of NGOs among donor agencies. All of us are heart-broken at loss of his inspirational leadership, but vow to continue on the path guided by him.

His family has organized a prayer meeting in his memory on Saturday, 31st March 2018 at 4:00 PM. Venue: Arya Samaj Mandir, Jor Bagh, New Delhi.

May his soul rest in peace.

Ramanuj Maurya
Coordinator
__________________________________
Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
e-mail: socio-research@sma.net.in; website: http://www.srr-foundation.org

Posted in General | 24 Comments

Renewal of 80G

Dear Sir/Madam,

Our organization Education Resource Society, Uttar Pradesh has got 12 A and 80 G registration in 2008 and 80 G registration has been dead. We want to now renewal the same registration. Please guide us about processing and required documents and also send the link if possible online filling for renewal.

Thanks and Regards

Kamlesh

Posted in FCRA, TAX, LEGAL | 2 Comments

Transfer of funds from FCRA to Non FCRA A/c

I wanted your help with regards to a question I have on our FCRA account. ‎

We are a NGO in Bangalore catering to cancer patients in their last stages with free treatment.‎

We have a donor who funds us every year for a portion of the operating expenses ( Salaries and ‎Medicines) by remittance into our FCRA Account. ‎

Their cycle of funding is from 1st Oct to 30 Sep of every year. This year we received their funds late ie ‎only by December. So we met the expenses (medicines and salary and food) from our own rupee ‎donations in another bank. ‎

The question is whether we can now transfer the amount of those expenses from the FCRA account ‎to our rupee account in the other bank.‎

Would be very grateful if you could provide an answer. ‎

With kind regards

Yours Sincerely

Mathew Chandy

Posted in FCRA, TAX, LEGAL | 13 Comments

Are FCRA funds allowed for Corpus purposes

Dear Friends,

If a foreign entity wishes to donate to our Corpus, is that allowed under FCRA? If so, are there any special formalities to be followed?

A quick response will be much appreciated.

Thanks & regards,
Ruby

Posted in FCRA, TAX, LEGAL | 5 Comments

Implications if NGO not registered under 12A

Dear Friends

  1. Is it legally valid to provide a Grant-in-Aid to a Registered Federation of Self Help Groups for which 12A is Applied For and awaited.
  2. Funds are domestic in nature and raised by the Donor Organisation.
  3. Does the Donor organisation, another registered society, attract any Direct or Vicarious liability?
  4. Would the Donor organisation be violating any law,  if providing such a Grant and lose any of its registrations (Society registration, 12 A, 80G and such others).
  5. What Statutory/Tax liability would the Recipient organisation attract if it were to receive such a grant towards Capital Equipment Purchase and Start-up Capital for Income Generation Activity (Value Addition/Collective Livelihoods) among its constituent members.
  6. Is it correct to state that such Tax Liability would be attracted only if the Nett Profit (Income less Expenditure) is over Rs.2.50 lakhs in the corresponding Financial Year.

A quick revert would be excellent.

regards,

Rajeshwar

Posted in FCRA, TAX, LEGAL | 2 Comments

Migration of FCRA Bank Account with PFMS Compliant Bank by 21st January 2018‎

FCRA Department vide its circular dated 21/12/2017 has made it mandated all ‎individuals / organizations who receive contribution under the FCRA, 2010 to ‎migrating their designated FCRA Bank Account with the PFMS (Public Financial ‎Management System) compliant bank, as per list given below, by 21st January 2018. ‎(click for circular)

List of PFMS compliant bank given below: ‎
‎1.‎ Abu Dhabi Commercial Bank ‎
‎2.‎ Allahabad Bank, ‎
‎3.‎ Allahabad UP Gramin Bank ‎
‎4.‎ Andhra Bank ‎
‎5.‎ Axis Bank ‎
‎6.‎ Bank of Baroda ‎
‎7.‎ Bank of Maharashtra ‎
‎8.‎ Bombay Mercantile Co-operative Bank Ltd. ‎
‎9.‎ Canara Bank ‎
‎10.‎ Catholic Syrian Bank Ltd. ‎
‎11.‎ Central Bank of India ‎
‎12.‎ City Union Bank ‎
‎13.‎ Corporation Bank ‎
‎14.‎ Cosmos Co-Operative Bank ‎
‎15.‎ DCB Bank Ltd. ‎
‎16.‎ Dena Bank ‎
‎17.‎ HDFC Bank ‎
‎18.‎ ICICI Bank ‎
‎19.‎ IDBI Bank ‎
‎20.‎ IndusInd bank linited ‎
‎21.‎ Jammu and Kashmir Bank Ltd. ‎
‎22.‎ Karur Vysya bank ‎
‎23.‎ Manipur state Co-op Bank ‎
‎24.‎ Oriental Bank of commerce ‎
‎25.‎ Punjab National Bank ‎
‎26.‎ South Indian Bank ‎
‎27.‎ State Bank of india ‎
‎28.‎ Syndicate Bank ‎
‎29.‎ Tamilnad Mercantile Bank Ltd. ‎
‎30.‎ UCO Bank ‎
‎31.‎ Vijaya Bank ‎
‎32.‎ Yes Bank ‎

All FCRA-holders / prior-permission holders must now keep their FCRA bank accounts ‎with one of these. They have been given time till 21st Jan 2018 to migrate their ‎designated FCRA Bank Account with any of the above. They should thereafter file ‎form FC-6 with details of the new bank account. ‎
‎__________________________________‎
Socio Research & Reform Foundation (NGO)‎
‎512 A, Deepshikha, 8 Rajendra Place, ‎
New Delhi – 110008‎

Posted in FCRA, TAX, LEGAL | 39 Comments

Receipt of foreign fund by a NGO

Is it ok for a non FCRA NGO to receive upto USD 10,000 per annum? Do they need a separate bank account for this?

Please let me know.

Many thanks,

Stanley, ODAF

Posted in FCRA, TAX, LEGAL | 7 Comments

Change of Trust Name

Would like to know what will be the procedure to change the name of an existing registered charitable Trust.
Is it possible to change the name or do we have to register a new Trust?

Thanks

Mukti K Bosco
Founder & Secretary General
Ashoka Fellow, India
Healing Fields Foundation

Posted in FCRA, TAX, LEGAL | 9 Comments

Compulsory registration for All FCRA entities at NITI Aayog ‎

FCRA department has came out with a circular on 04th October 2017 to obtain “UNIQUE ID” for all NGOs / organisations registered with FCRA Department or wishing to apply Prior Permission / Registration  by registering to NITI Aayog portal “NGO-DARPAN”. This ID must be quoted for all filings/ service requests made on FCRA portal. The requirement applies to all FCRA registered NGOs as well who have prior-permission or are applying for registration or prior-permission. Please visit http://ngodarpan.gov.in/ for more details and registration.

This ID will become must to access FCRA online services. Therefore all FCRA registered entities must apply for the same at the earliest. Although currently no time limit given, however knowing FCRA department’s working practices, it could become applicable anytime.

__________________________________
Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place,
New Delhi – 110008

Posted in FCRA, TAX, LEGAL | 5 Comments

Is the cash payments limit of Rs.10,000 applicable from April 2017

Dear SRRF Members,

As per finance Act 2017 Limit for payment of expenses by cash is reduced from

Rs. 20,000 to 10,000/-. When from will this 10,000 limit apply? Is it from 1st April 2017?

Regards,

Vidya Sagar Devabhaktuni
President, SKG Sangha
“Mandara” 3rd Main,
Muneshwara Nagar
Antharagange Road
KOLAR – 563 101

Posted in FCRA, TAX, LEGAL | 2 Comments