foreign contribution regulation act

FCRA or Foreign Contribution Policy Act registration is the entrance to international funding for non government organizations. Foreign donations are being provided NGOs in the sectors of education, health, empowerment of females and so on. An NGO becomes eligible for long-term enrollment if it is at least three years of ages and the complete sum up of the social activity costs of the last three years are more than 10 lakhs. Under this approval, there is no constraint on overall contribution or certain donation from a particular contributor for receiving Foreign Contribution. Further, if the ngo is even 6 months old, it can also make an application for FCRA prior consent. A dedication letter from the contributor to donate the amount has to be confined together with the application. In that case, the ngo needs to furnish the information of its benefactor like the name, e-mail id, contact number, donation amount and so on. Under this registration, the approval is given for a certain quantity from a specific benefactor. If the numbers of benefactors are more, the ngo needs to furnish all the contributor information along with their commitment letters and task reports corresponding to those donations which the ngo will receive. The application for registration of fcra is submitted in Immigrants Department of Ministry of Home Affairs in addition to other official documents including annual report, audited balance sheet, memorandum of the organization, registration certificate, savings account information, a need draft of 2000 inr in favor of Pay and Accounts Officer, Ministry of Home Affairs, dedication letter or task report in case of previous approval. The primary step in fcra is online declaring of the application at the website of Ministry of Home Affairs. Thereafter, within one month, IB confirmation of the non government company is done. Officially, it takes a period of three to 4 months for the entire process. In some cases, the registration procedure takes a longer time even upto 8 months. It happens if the members or the branches of the NGO are more as the Knowledge Bureau Confirmation of all the members and of all the branches of the non government organization are done. The group of IB officers does thorough investigation of the records of the company consisting of minutes book, annual reports, audited balance sheets, costs and slips of the social activity expenditures or any other file as required by the IB team. After the online filing of application, paper copies of all the files along with the application are filed in the ministry within 15-20 days. It can also be submitted after the IB confirmation. There is no NGO which can be signed up under FCRA without correct records and real social activities which it is doing for the well-being of the society. Besides, an NGO has to have a different account for foreign contributions. That account will be made use of just for getting foreign funds. For Indian contributions or grants, the non government organization must have separate account. It is estimated that every year around 5000 Crores of Foreign Grant are being contributed to Indian NGOs with Foreign Contribution Regulation Act. FCRA registration of an NGO is accountable for cancellation by the Ministry if it does not submit annual return every year or if it is discovered that the funds are being utilized for non charitable activities.|If the numbers of benefactors are more, the ngo has to furnish all the benefactor information along with their dedication letters and project reports corresponding to those donations which the ngo will receive. It is estimated that every year around 5000 Crores of Foreign Grant are being contributed to Indian NGOs through Foreign Contribution Policy Act. FCRA registration of an

NGO is liable for cancellation by the Ministry if it does not submit yearly return every year or if it is discovered that the funds are being made use of for non charitable activities. fcra, foreign contribution regulation act