FCRA Charter for Chartered Accountants

FCRA Charter for Chartered Accountants Since  the  Foreign  Contribution  (Regulation)  Act,  2010  (FCRA,  2010)  is National  security  legislation;  associations  are  required  to  exercise  extreme  care and caution in dealing with foreign contribution from the time of its receipt to its final   utilization. As   the   Chartered   Accountants   audit   the   accounts   of   the  associations and certify the … Read more

Charter for Banks under FCRA

Charter for Banks under FCRA If you have not already seen, the following communication from FCRA division to Banks regarding foreign contributions, is useful.  Download Official Document source: https://fcraonline.nic.in  Please do visit the official website from time to time for updates fcra-correspondence-with-fcra-wing

Payments By Cheque under FCRA

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/

Why Registration needed for an NGO

Why Registration needed for an NGO Why do you need to register your organization:  At village level or even in urban areas interested people wants to take up some development activities in the area where they live and also support activities in other areas too.   This is initially done with contributions from members and other … Read more

Governing Body or Executive Committee

Governing Body or Executive Committee Governing Body and Executive Body Meetings: Though organizations do constitute and have Executive Committee or Governing Body and General Body meetings, it is important that the following need to be kept in mind. Constitution of Governing or Executive Body(GB/EB)   Ensure that adequate women’s representation is there More than one member … Read more