Socio Research & Reform Foundation

Dear Dialogue Members,

Ours is a Corporate with over 51% of FDI. We also have a registered Foundation. We release project grants through these two sources to local NGOs. What kind of taxation is involved when we release money to NGOs? TDS and Service Tax.

Thanks & Regards,

R S Sharat

Dear Sir/Madam

An FCRA registered organization has erroneously given its FCRA bank account number to a local donor. These funds were to be received as local donation. Effectively, Local  donations are credited to FCRA account (Amounting to Rs.2.88 lacs). What is the remedy. What steps should be taken to rectify the mistake.

Thanking you in anticipation.

—
Paresh S Sarda
1/1170 Sadashiv Peth
Tilak Road, Pune

Dear Dialogue members,

You will all be glad to know that the FCRA department has started issuing FCRA renewal order for 5 years from 1-11-2016. Some NGOs in our area have already received it. Others are awaiting. The order does not have a signature of the issuing authority and the e-mail from FCRA department mentions that it was digitally signed, but the banks are not accepting it without signature. The order copy has not been marked to the banks directly by the department and the NGOs have been asked to hand over a copy to the bank/s, where they have FCRA account/s. They have also not yet published a list of NGOs who have been issued with he renewal order.

I have written to the Director, FCRA about all these lacunae. Those NGOs who have not yet received the order may constantly watch the official e-mail inbox of the their organisation.

S.S.Shiva
FCRA consultant
Coimbatore, Tamil Nadu

Dear Sir

Good evening!!!

Please tell me about how fill up15 G form of Pf withdraw.

Thanks
Vijkendra Kumar

Dear Members,

We need counsel about the subject “PF Applicability on Volunteers’ Honorarium Payment. The volunteers are not on rolls and there is no control over their attendance and they work for their village development in association with an NGO for a period of one year. Will that NGO has to contribute towards PF for their payment ranges from Rs.600 – Rs.1200/-? Likewise thousands of volunteers are associated with that NGO.

With Regards,

Prasanna Bollam

As per FCRA 2010, when an organization receives FCRA funds, the details of the amount and the donor are required to upload into the website of the concerned organization. I would like to know the limit prescribed: for example is it 10 lakh above or any foreign funds?

Shekar
IFA

We are happy to inform everyone that an official Notification dated 29^th March 2016 has been brought out by FCRA Dept announcing

• Validity of all FCRA Registration certificates expiring before 30^th September 2016 extended to 31^st Oct 2016.
• Renewal Application date extended to 30^th June 2016.

The above means that all persons who apply for renewal before 30^th June 2016 would remain valid till 31^st October 2016 unless further renewed or rejected by the Dept. before that date.

Any person who does not apply for renewal and whose FCRA certificate is valid, FCRA registration date will expire on 31^st October 2016.

Hope this will relieve a lot of anxieties amongst FCRA bodies, who were getting worried that renewal will expire on 30^th April 2016….(click here for more details)

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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; website: http://www.srr-foundation.org

Dear Friends,

Can you please with a small information.

We have received a donation from a well wisher which was transferred to our FC account on March 10, 2016.

We are finding it difficult to spend 85% of the find within March 31, 2016.

Please suggest.

Warm regards,
Snigdha Sarkar

As mentioned in an earlier post http://blog.srr-foundation.org/?p=2801 , all FCRA registered / prior-permission entities have to disclose FCRA funds received on their official websites. However in case of organisations which do not maintain any official website, FCRA Dep. has now come to their rescue by asking them to file quarterly returns on FCRA website.

This is how it works. An NGO wanting to post its quarterly details of FCRA funds rec’d should log on to online website of FCRA Dept. https://fcraonline.nic.in/home/index.aspx . Using its user id and password, organizations can post the quarterly return on FCRA website within 15 days of the quarter end.

Information to be posted consist of following:

• Name of the donor
• Type of Donor, i.e. individual or insttitutional,
• Address of the Donor
• Purpose (select out of options like economical, social, cultural, religious, etc)
• Amount of grant received

The above is for your information and necessary action.

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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