Patna consultants provides FCRA registration services, FCRA compensation filing services, FCRA consent services in Narkopi. FCRA registration is getting access from Government of India upon Foreign Contribution. FCRA Act, manage receipt of foreign contribution. We will provide you everything important counsel about FCRA in this article in brief.
FCRA Registration In Narkopi
Trust, society, section 8 companies receives funds or donation from outside 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 even if making of FCRA registration application. For specific purpose later than educational, social, cultural etc foreign contribution granted. Trust or Society or Section 8 companies should not time-honored any foreign contribution without prior applause of Central Government. Organization should preserve all books of accounts and pronouncement 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 benefit in taking grants from Government or Abroad.
- Compliance similar to FCRA act
- Providing release from non assent 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 ability 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 everything members of the organization.
FCRA registration is abundantly 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 issue 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 whatever nonprofit organization. You no compulsion to visit our place. Send us anything documents through emails. All documents should be self attested by members. We will complete your work. You can pay our build up online.