Community Radio Service & FCRA

Dear All,

In the category of “Persons Specially Debarred From Receiving Foreign Contribution” one of the category is “association or company engaged in the production or broadcast of audio news or audio visual news or current affairs programmes through any electronic mode, or any other electronic form as defined in clause (r) of sub-section (1) of section 2 of the Information Technology Act, 2000 or any other mode of mass communication.

The general understanding is that NGOs cannot engage in Community Radio Service (CRS) and if they do engage then that NGO cannot receive FC money. The clarity I am seeking is:

1.       Is this understanding correct?
2.       Can general awareness programmes be conducted as part of CRS?
3.       Do NGOs have to seek any kind of approval from MoHA for this since the CRS license is provided by Ministry of Information and Broadcasting?  

Thanks and regards,
_____________________________________
B V Soma Sastry
Director – Finance and Admin
Centre for World Solidarity
12-13-438, Street No. 1, Tarnaka
Secunderabad 500 017
Andhra Pradesh

Posted in FCRA, TAX, LEGAL | 1 Comment

Pedestrian Safety & PIL

Dear Friends,

We must agitate first against  total lack of safety for pedestrians on our roads across the Country.

Absolutely no concern for common man’s life. It is time for a PIL in favor of traffic signals for pedestrian crossings, some are agitating against honking which would only increase accidents!

Udayashankar

Posted in Pedestrian safety | 13 Comments

Service Tax on Contracted Services

Dear All,

Could anyone elaborate on “Service Tax” applicable to a person working as contracted service (contractor) under an international organization on referred terms (a) operating in India and (b) not operating in India.     

Regards,

Dr. Subrata Dutta, PhD
National Coordinator-(FFI-India)

Posted in FCRA, TAX, LEGAL | 5 Comments

Opening of FCRA Bank Account

Dear SRRF Members,

Whether any written permission is required from Ministry of Home Affairs to open a bank Account  for expenses of FC Grant?

Loooking forward your response,

Thanks in advance.

Thiyagarajan Devarajan

Posted in FCRA, TAX, LEGAL | 9 Comments

Applicability of Service Tax on Grants

Dear SRRF Dialogue Members,
Greetings from SRRF!!!!

We have received following query form Mr. Sunil Kumar Suryavanshi on “Applicability of Service Tax on Grants”. Kindly give your responses.

Dear Members

Kindly provide suggestion on Service Tax applicable on NGOs on receipts of funds as below:

Particulars

Applicable or Not

Fund receipts as a Grants

?

Fund receipts as contracted service

?

Fund receipts from Central Govt. or State

?

Govt. or its Institution (Zila /Janpad Panchayats, Nigam, collectrate office, Govt.Commission offices etc)

?

Fund receipts on reimbursement basis for organise event and original bills submitted to funder

?

With Regards

Sunil Kumar Suryavanshi

Posted in FCRA, TAX, LEGAL | 10 Comments

FCRA funds transferred to wrong account

Sir,

Money transfer from our foreign donor by mistake has been sent to another organization’s FC account as the wire transfer carried the other organization’s details instead of ours. How do we go about correcting this? Is it enough if the donor writes to the recipient and ask him to transfer the amount to us ? Will it be within the FCRA regulation? How can we correct this? The recipient will be ready to transfer/oblige.

Bhooma Parthasarathy

Posted in FCRA, TAX, LEGAL | 5 Comments

Applicability of FCRA on Rotary Club?

My Quarry is that We are a small part of a big group called Rotary Dist. 3010.

Do we need to register ourselves on behalf of the individual capacity of our club.

In every individual Rotary Club The President is changed every Year & there is no permanent address of the club. Only the address of current club president is valid.

So how do we apply. We have to register ourselves every year ?

Rotary Club Of Delhi Capitol.

D. L. Jalan

Posted in FCRA, TAX, LEGAL | Comments Off on Applicability of FCRA on Rotary Club?

FCRA Registration of a Trust

Hi

What are the criteria for a trust to apply / get FCRA…please guide us….. ????

Your’s Sincerely

Ravi Bhushan
OMABM Foundation

Posted in FCRA, TAX, LEGAL | 8 Comments

Should NGOs join hands with Private Banks in their CSR efforts?

In our Country, major Banks in Private sector like ICICI, AXIS and HDFC have been in News for wrong reasons. MNBanks like HSBC have also been in the news for wrong reasons. Is it true that the Regulators cast a blind eye on them? Should NGOs join hands with them in their CSR efforts? Are our Regulators regulating themselves in favour of erring Banks !

Udayashankar

Sheila Bair: Regulators Let Big Banks Look Safer Than They Are
Capital-ratio rules are upside down—fully collateralized loans are considered riskier than derivatives positions.
(In critical areas such as the ones discussed by Sheila Bair in the context of USA, Indian Regulators seem to be doing a good Job. Is it not?)
Posted in General | Comments Off on Should NGOs join hands with Private Banks in their CSR efforts?

Transfer of Assets u/s 35AC

Dear Sir,

We are having exemption u/s 35 AC for specific one project. We want to know after completion of the project can we transfer asset from project to the organization?

Regards,

Sushma Bhonsale
Head – Accounts
Deepak Foundation
Within Nijanand Ashram Premises,
Nr. Laxmi Studio, Adjoining L&T Knowledge City,
On NH-8, Ta. & Dist. Vadodara-390 019

Posted in FCRA, TAX, LEGAL | 4 Comments