Funds for NGOs and NGO Database
When we talk about internal controls, keeping cheques in a safe place is important so here we see some Internal Controls Cheque Safety a) Cheque should be prepared by a person and reviewed by another person before the same is sent Continue reading Internal Controls Cheque Safety
Internal Controls Cheque Transactions-2 Cheque deposits: Ensure that as soon as you receive a cheque, you enter these in the books and deposit the same as soon as possible if the received amount is in order – preferably the same Continue reading Internal Controls Cheque Deposit
V.Other things that need to look at while preparing a budget Once you have done the draft budget preparation, please also look at the following: · Check the formulas (if you are using a computer)· Check the number of units Continue reading Budget -3
II. Staff : The other most important thing that we need to look at is the staff requirement for successful implementation of the project. We need to look at: a) How many programme staff required with specialization b) How many Continue reading Budget -2
Budget: Budget is a financial plan. All of us know what is budget as we do make our financial plans in our personal life also. Planning is an important part of budget and unless it is done in a systematic Continue reading Budget – How to Prepare
Payments by Cheque under FCRA Rs.20000/- or above Advisory to Associations Registered/granted Prior Permission under FCRA 2010 to incur expenditure of Rs.20000/- or above by Cheque. Download Official Document source:https://fcraonline.nic.in/
To Apply for PAN Online go through the following: You can apply for PAN either through NSDL or UTITSL To apply on line for PAN through NSDL: http://tin.tin.nsdl.com/pan/index.html To know Status of PAN applied through NSDL https://tin.tin.nsdl.com/tan/StatusTrack.html To apply on line Continue reading PAN Apply Online
PAN – Apply Online WHAT IS PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any “person” who applies for it or to whom the department Continue reading What is PAN
PAN Documents (Permanent Account Number) needed to be submitted in India I) Individuals a) Citizens of India Located in India https://ngoportal.org/store/files/CitizenofIndia_LocatedinIndia_20072012-217.doc b) Documents to be submitted as Proof of Identity and Address by Citizen of India located outside India at Continue reading PAN Documents
Bank Accounts NGOs need to open a General Account and an F.C. Account (if the organization is registered under FCR (Foreign Contributions Regulation) Act. F.C. Account: Under FCR (Foreign Contributions Regulations)Act every association is required to maintain a separate bank Continue reading Bank Accounts