FCRA Registration in Patna is online process whereby Non Governmental organizations in force in specified field can apply for such registration. After obtaining FCRA Registration an association can take foreign contribution subject to the limit as may be imposed by the concerned authority. The main ambition of the Foreign Contribution Regulation Act is to curb the inflow of grant from foreign countries into India to behave or shape electoral politics, public servants, judges and journalists, etc.
Who can apply for FCRA Registration in Patna?
Associations registered below any of the like Acts can apply for FCRA Registration:-
- Indian Trust Act, 1882
- Companies Act 2013 (Section 8) or Companies Act, 1956 (Section 25)
- Societies Registration Act, 1860
- Charitable and Religious Trusts Act, 1920
What is the general criteria for issuing FCRA Registration in Patna?
- Track folder of working in the dome for which the trust was incorporated for a minimum grow old of 3 Years.
- Investment/Usage of a minimum of Rs. 10 Lakh in preceding 3 Years for social cause relating to the point for which NGO was incorporated
- Registration is decided only after conducting a through enquiry and scrutiny of the membership through local and other sources.
Is it vital to have 12A and 80G registration to apply for FCRA Registration in Patna?
No, 12A and 80G registration is for Income Tax Purpose, while FCRA Registration is for cooperative money from foreign countries they are not in any exaggeration related.
Period of validity of FCRA Registration Certificate.
Once issued FCRA Registration endorse is legitimate for a grow old of 5 years and can be renewed after its expiry.
Requirements related to tab for obtaining FCRA registration in Patna.
The applying association must ensure that it has opened a open saving account for the intend of accepting Foreign Contributions, no other financial credit shall be used for compliant foreign contribution. The details of such account must be mentioned in the application.
Documents required for FCRA Registration in Patna?
- Incorporation Documents of teh Association
- Copy of Audit explanation of hastily preceding 3 Financial Years
- Bank Account Details
- List of Governing Body
- KYC Documents of Governing Body
- Contact Details
Time required to come by FCRA Registration in Patna
1-2 Months
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