FCRA Related

What the Registered organisations must do

Must DOs for the Registered Association

•Designated exclusive Bank account for receipt and utilization of foreign contribution.

•Submission of annual FC-3 returns.

•Change in members,  address, objectives of the association to be reported to Central Government within 30 days.

•Change in the O.B’s by 50% or more with prior permission only

•Exclusive accounts for receipt and utilisation of foreign contribution and audit by the Chartered Accountant.

•Substantial proportion of foreign contribution to be spent on welfare activities

•Reduction in Administrative expenses

source :http://www.mha.nic.in/fcra

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