Good afternoon
I wanted to know if an NGO whose FCRA is under renewal, can they continue to receive FC money.
Thanks
Sharad
Good afternoon
I wanted to know if an NGO whose FCRA is under renewal, can they continue to receive FC money.
Thanks
Sharad
In May 2017 and again in April 2018, FCRA Department issued a public notice asking NGOs to submit missing annual returns online from 2010-11 to 2014-15 without payment of any penalty. However, many NGOs still have not complied with the directive issued by the FCRA Department.
On 16th November 2018, the FCRA Department has now come out with a show cause notice directing 1,775 NGOs to explain why should their FCRA not be cancelled. Last date for this is 1-Dec-18. List can be accessed on the following link:
FCRA Notice 16-11-2018
NGOs are advised to check their name attached with notice, if their names appear on the list, send a letter to MHA explaining why the return was missing.
In case you have already submitted the annual returns and your name still appears on the list, please send an e-mail to support-fcra@gov.in enclosing proof of submission along with annual return.
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Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
e-mail: socio-research@sma.net.in
Dear Sir/ Madam,
PO has been raised by an NGO for printing documents to a printing agency and in this PO the shipment address is mentioned outside Delhi and the billing address is mentioned as Delhi because vendor belongs to Delhi. The vendor himself couriers the consignment on behalf of NGO outside Delhi. PO states that the freight charges will be paid to Printing Agency as per actual.
1. Can printing agency raise the freight bill to NGO? Or is there any other way out?
2. Is it required to generate e-way bill by the printing Agency to dispatch the materials?
3. Is there any GST implication? (Let me clear that this shipment is not for furtherance of business)
4. Will it be GST bill or IGST bill?
5. on POD printing agency can write the name of NGO as a consignor.
Looking forward to hearing from you.
thank you.
Ravi Shankar
Dear Members
Greetings for the day!
May I invite comments on the clause for CSR ACTIVITIES as per CSR Rules 2014 para 4(1) under Sec 135 of the Companies Act, 2013, “The CSR activities shall be undertaken by the company, as per its stated CSR policy, as projects or programs or activities (either new or ongoing), excluding activities undertaken in pursuance of its normal course of business.”
So a Sec 8 company/ foundation/ NPO of a Private Limited (Subsidiary of an International Company) if has a common Key Management Personnel (KMP) as also the Foundation is directly promoting the main business of the Pvt Co which is a “Tech partner” & sourcing the “products”, will this constitute a conflict of interest & violate the above rule?
Best
Hardeep
Ministry of Finance has come out with a Circular (No. 66/40/2018) dt 26 Sep 2018 stating that entity registered under S.12AA for the purposes of advancement of spirituality, religious activities or yoga’ would not be subjected to GST on any amount charged towards fee or any consideration towards, camps or classes for organizing religious, meditation or any other spiritual programme, including towards any lodging boarding costs.
However if the entity is involved only for organizing accommodation, etc. and does not organize the programme, in such case, GST would become applicable, even on compulsory donation.
It may be further noted any other programme of music, dance, dance aerobics, etc. would be subject to GST.
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Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Dear Members,
Is it possible for a Trust (NGO) to open a branch office outside India, If required modification can be done in Trust deed?
We can take assumption that we’ll not use any funds raised in India for that office whether it is FCRA or Local.
Vikas Pandey
Dear Members,
Greetings..!!
Can you suggest me any article/sample audit/annual report explaining the
1) CSR Budgeting
2) CSR Financial Expenditure
when an Implementing Agency is involved in CSR Policy.
PS: Please suggest at earliest. I am aware of 2% expenditure and annual report format. But I need information on finance explained for every expenditure
Clarification Needed:
1) Company can show upto 5% of CSR Expenditure as Administrative Expenses (Skill Improvement is not included)
2) What percentage of CSR Expenditure can Implementing Agency show at maximum..??
Thanks
Harsha S
Program and Project Manager
Dear Members,
Good Morning
I have a query that if any NGO who received Foreign dontion from their foreign donor to their FCRA account (XYZ bank). With that donation they prepared fixed deposits. But now they want to utilize that fixed deposit. But bank manager told that they cannot credit the fixed deposit which is made out of foreign donation.
My question is that now that NGO wants to credit that FD in the same bank (XYZ bank). Is it possible to credit that FD in the same XYZ bank or they have to open separate account to utilize that fixed deposit donation.
Please reply to my email.
Thanks and Regards,
Anitha
Sir,
I had read in one of your answers that under CSR cos can donate to corpus fund ? is it true?Under what section of the act ?whatever details we can get from your forum we will like others will be too hapyy.
Thanking you.
With Best regards,
Devendra Desai
Founder / Managing Trustee
Children Toy Foundation
Hello,
We are a registered public charitable trust based at vadodara, Gujarat. We are established with a purpose of financing education of economically backward children who wish to study. We have already sponsored college education of 3 girl child to start with.
I was going through your website and found discussion forum on various issues. I need one of my query addressed by your panel experts. Can you please put forth the query and request the expert to reply pls.
Q – we wish to mobilise some funds from abroad, for which we need prior permission under the FCRA since we are a new organisation. Prior permission is given for a specific contribution, for specific purpose and specific amount. So my query is that if for a particular project I have estimated an expense of say about Rs. 5 lacs which someone from the US is willing to donate. Can that money come in instalments or it has to come at one go??? Can this donor collect the said fund from various different individuals who are also US citizens willing to donate; create a pool and then donate it to us???
Awaiting for your kind reply.
Rgds.
Minal Shah
Trustee
Gyandeep Foundation