Patna consultants provides FCRA registration services, FCRA compensation filing services, FCRA acceptance services in Biharsharif. FCRA registration is getting right of entry from Government of India on Foreign Contribution. FCRA Act, manage receipt of foreign contribution. We will provide you everything important guidance about FCRA in this article in brief.
FCRA Registration In Biharsharif
Trust, society, section 8 companies receives funds or donation from outdoor India. They required to obtained FCRA registration. FCRA registration means registration under regulation of foreign contribution Regulation Act. For FCRA registration NGO (nonprofit organization) must have existence of at least 3 years while making of FCRA registration application. For specific purpose when educational, social, cultural etc foreign contribution granted. Trust or Society or Section 8 companies should not normal any foreign contribution without prior acclamation of Central Government. Organization should preserve all books of accounts and support of allowance and expenditure. Books duly audited by Charted Accountants.
Advantage of FCRA Registration
- Income of the Registered Nonprofit Organization gain income tax rebate.
- Donor can claim exemption.
- Providing improvement in taking grants from Government or Abroad.
- Compliance taking into account FCRA act
- Providing release from non acceptance of this Act.
- Providing security in foreign contribution.
- Saving from penalties of FCRA act.
How to gain FCRA Registration
- Documents preparation.
- Online filing of FCRA registration.
- Certificate issued by Department.
Documents Required for FCRA Registration:
- Copy of registration endorse or feat of Trust / Society /Section 8 Company.
- Copy of audited accounts statements of last 3 years.
- Copy of Bank statements.
- Pan Card of organization.
- Details of anything members of the organization.
FCRA registration is sufficiently based on online process. Business entities should spend at least Rs. 10, 00,000 in last three years in its aims and objects. In FCRA registration business entity not found guilty in any diversion or miss utilization of funds. Organization does not violate any rules of this act. It is great for all nonprofit organization. You no habit to visit our place. Send us whatever documents through emails. All documents should be self attested by members. We will complete your work. You can pay our move forward online.