Two categories of FCRA registration

FCRA registration with the proper authorization.

FCRA registration done correctly.

Income Statement Copies.

The balance sheet's duplicate.

Foreign contribution receipt report or statement.

Payments and expenses that an entity has incurred

The FC-4 annual compliance form must be submitted within nine months after the fiscal year's conclusion, or before December 31 of each year.

Once granted, an FCRA Registration is good for five years and can be renewed by applying six months before to the expiration date.

The not-for-profit entity must have also been in existence for a minimum of three years while making the FCRA application and should not have received any foreign contribution prior to that without the Government's approval.

The slogan of a NGO need to not be to misuse the fund but to work for the social upliftment of the inadequate and the needy and give the world a boost. Generally, the time taken for fcra registration is four months but it could differ if the NGO has several branches.

The two types of FCRA registration are as follows: Prior Permission Certificate: This sort of certificate is possible after one year. Permanent Certificate: It is available for a span of 5 years.

An organization having a definite cultural, economic, educational, religious or social program shall accept foreign contribution, only after such organization obtains a certificate of registration from the Central Government.

FCRA Registration and Registering 12A or 80G – An Overview It is deemed optional for trust/NGO/ Section 8 company.

Mostly, Bank is not providing any ATM or Debit Cards for FC Bank Account. However, if you have such card for FC Bank Account, do not use for cash withdrawals for online payments.