Muneeza Hammadadded a comment 2 months ago
Thanks for sharing. If you are looking for the scanning app where you can store your important documents like FRC's you can use CamScanner on your mobile. Get from here
Go to Questions & Answers
Prachi Singhadded a note 2 months ago
note (en-en)
FCRA Registration: Rules & Compliance
Foreign Contribution Regulation Act (FCRA) Registration is essential for NGOs, Trusts, Societies, and Section 8 Companies that wish to receive foreign donations legally. Implemented under the FCRA Act 2010, this registration ensures that foreign funds are utilized for genuine charitable, educational, social, and religious purposes while maintaining transparency and accountability.
To remain compliant, organizations must adhere to FCRA rules and regulations, including financial reporting, renewal requirements, and fund utilization guidelines. Additionally, compliance with NITI Aayog Registration, 12A and 80G Registration, and CSR-1 Registration is often required for organizations seeking foreign and corporate donations.
FCRA Registration: Key Rules & Applicability
Who Needs FCRA Registration?
Any NGO, Trust, Society, or Section 8 Company seeking foreign contributions must obtain FCRA Registration under the FCRA Act 2010.
Compliance Requirements for FCRA Registration
1. Open a Dedicated FCRA Bank Account
• NGOs must open an FCRA Bank Account in SBI, New Delhi Main Branch to receive foreign funds.
2. Maintain Proper Financial Records
• All foreign contributions must be accounted for separately and reported in annual financial statements.
• Funds must be used only for the stated charitable purposes.
3. File Annual Returns (FC-4 Form)
• NGOs must submit annual financial reports to the Ministry of Home Affairs (MHA) through FCRA Online Services.
4. Submit Fund Utilization Reports
• NGOs must submit a detailed fund utilization report, specifying how foreign contributions were spent.
5. Ensure FCRA Renewal Compliance
• FCRA Registration is valid for 5 years and must be renewed before expiration to continue receiving foreign funds legally.
• Organizations can check their FCRA Renewal Status online.
Step-by-Step FCRA Registration Process
Step 1: Obtain NITI Aayog Registration
• NGOs must first register on the NGO Darpan Portal to get a Unique Identification Number (UIN).
Step 2: Apply for 12A and 80G Registration
• 12A Registration provides income tax exemption for NGOs.
• 80G Registration allows donors to claim tax deductions, making NGOs more attractive for funding.
Step 3: Open an FCRA Bank Account
• NGOs must open a dedicated FCRA account in SBI, New Delhi Main Branch to receive foreign funds.
Step 4: File the FCRA Registration Form Online
• Visit the FCRA Online Services portal.
• Fill out Form FC-3A for Permanent Registration or Form FC-3B for Prior Permission.
• Upload all necessary documents, including financial reports and project details.
• Pay the FCRA Registration Fees and submit the application.
Step 5: Verification & Approval
• The Ministry of Home Affairs (MHA) will review the application and conduct physical verification of the NGO’s office.
• Upon approval, the NGO will receive an FCRA Registration Certificate, allowing it to receive foreign donations legally.
Conclusion
FCRA Registration is essential for NGOs, Trusts, Societies, and Section 8 Companies seeking foreign donations. It ensures transparency, accountability, and compliance with the FCRA Act 2010. Organizations must adhere to strict rules, financial reporting requirements, and renewal procedures to maintain FCRA compliance.
By following the proper FCRA Registration process, opening an FCRA Bank Account, and tracking FCRA Renewal Status, NGOs can secure long-term foreign funding for social impact. For more information click the link below:
0
Discussion (3)
Prashant Tiwariadded a comment 2 months ago
If you are planning to visit a German-speaking country, one of the most useful vocabulary sets to learn is the months in German. Whether you are booking a hotel, scheduling a meeting, or making travel plans, knowing how to say and recognize months will be incredibly helpful. Fortunately, German months are easy to memorize because they are almost identical to their English equivalents. However, pronunciation can be a bit challenging, especially for months like "Juni" and "Juli," which sound very similar. To improve your skills, try using a German calendar, writing important dates in German, or watching videos where native speakers use these words in context. Once you get comfortable with the months in German, you’ll find it much easier to understand and communicate when discussing dates.
For more information visit:
tarun chetwaniadded a comment 2 months ago
Many online platforms offer free and paid mock test for IELTS reading options to help students prepare efficiently.