News Details- (Get Professional Updates on Whatsapp, Msg on
8285393786) More
News
Govt extends FCRA registration date for NGOs till Sept 30
The order issued by the MHA is being seen as a relief to the NGOs for switching to the new FCRA regime.
"Keeping in view the exigencies arising out of the COVID-19 situation and to ensure a smooth transition to the amended FCRA regime, the central government, in exercise of the powers conferred by section 50 of the FCRA, 2010, has further decided that the registration certificates expiring or expired during the period between September 29, 2020 and September 30, 2021 shall remain valid up to September 30, 2021," the order said.
Another order issued by the ministry said the non-government organisations (NGOs) can open their FCRA accounts to receive foreign donations at the main branch of the State Bank of India (SBI) at Sansad Marg in Delhi till June 30.
"After that date, they shall not be eligible to receive foreign contributions in any account other than the FCRA account...," the order said.
According to the amended law, providing the Aadhaar number of the office-bearers of an NGO is mandatory for the registration of the organisation under the FCRA.
Besides, with the amendments, office expenses have been brought down to 20% from 50% and election candidates, government servants, members of any legislature and political parties were prohibited from accepting foreign funding.
"Keeping in view the exigencies arising out of the COVID-19 situation and to ensure a smooth transition to the amended FCRA regime, the central government, in exercise of the powers conferred by section 50 of the FCRA, 2010, has further decided that the registration certificates expiring or expired during the period between September 29, 2020 and September 30, 2021 shall remain valid up to September 30, 2021," the order said.
Another order issued by the ministry said the non-government organisations (NGOs) can open their FCRA accounts to receive foreign donations at the main branch of the State Bank of India (SBI) at Sansad Marg in Delhi till June 30.
"After that date, they shall not be eligible to receive foreign contributions in any account other than the FCRA account...," the order said.
According to the amended law, providing the Aadhaar number of the office-bearers of an NGO is mandatory for the registration of the organisation under the FCRA.
Besides, with the amendments, office expenses have been brought down to 20% from 50% and election candidates, government servants, members of any legislature and political parties were prohibited from accepting foreign funding.
Category : NGO | Comments : 0 | Hits : 699
Get Free Daily Updates Via e-Mail on Income Tax, Service tax, Excise and Corporate law
Search News
News By Categories More Categories
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000

Comments