Patna consultants provides FCRA registration services, FCRA compensation filing services, FCRA agreement services in Muzaffarpur. FCRA registration is getting access from Government of India on Foreign Contribution. FCRA Act, manage receipt of foreign contribution. We will pay for you anything important assistance about FCRA in this article in brief.
FCRA Registration In Muzaffarpur
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 though making of FCRA registration application. For specific purpose later educational, social, cultural etc foreign contribution granted. Trust or Society or Section 8 companies should not conventional any foreign contribution without prior approval of Central Government. Organization should maintain all books of accounts and assertion 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 help in taking grants from Government or Abroad.
- Compliance subsequently FCRA act
- Providing freedom from non agreement 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 sanction 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 all members of the organization.
FCRA registration is sufficiently 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 matter 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 need to visit our place. Send us everything documents through emails. All documents should be self attested by members. We will do your work. You can pay our progress online.