Patna consultants provides FCRA registration services, FCRA reward filing services, FCRA compliance services in Fraser Road. FCRA registration is getting entrance from Government of India on Foreign Contribution. FCRA Act, manage receipt of foreign contribution. We will come going on with the grant for you anything important opinion about FCRA in this article in brief.
FCRA Registration In Fraser Road
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 with educational, social, cultural etc foreign contribution granted. Trust or Society or Section 8 companies should not standard any foreign contribution without prior commendation of Central Government. Organization should preserve all books of accounts and encouragement of pension and expenditure. Books duly audited by Charted Accountants.
Advantage of FCRA Registration
- Income of the Registered Nonprofit Organization gain income tax rebate.
- Donor can allegation exemption.
- Providing improvement in taking grants from Government or Abroad.
- Compliance later than FCRA act
- Providing liberty from non consent 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 certify or achievement 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 all members of the organization.
FCRA registration is adequately based upon 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 good for everything nonprofit organization. You no need to visit our place. Send us all documents through emails. All documents should be self attested by members. We will reach your work. You can pay our development online.