Patna consultants provides FCRA registration services, FCRA compensation filing services, FCRA consent services in Shastrinagar. FCRA registration is getting right of entry from Government of India on Foreign Contribution. FCRA Act, manage receipt of foreign contribution. We will give you anything important information about FCRA in this article in brief.
FCRA Registration In Shastrinagar
Trust, society, section 8 companies receives funds or donation from outside India. They required to obtained FCRA registration. FCRA registration means registration below 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 standard any foreign contribution without prior applaud of Central Government. Organization should preserve all books of accounts and assertion of income and expenditure. Books duly audited by Charted Accountants.
Advantage of FCRA Registration
- Income of the Registered Nonprofit Organization get income tax rebate.
- Donor can allegation exemption.
- Providing improvement in taking grants from Government or Abroad.
- Compliance following FCRA act
- Providing freedom 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 endorse or carrying out 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 whatever 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 concern 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 whatever nonprofit organization. You no obsession to visit our place. Send us all documents through emails. All documents should be self attested by members. We will accomplish your work. You can pay our onslaught online.