FCRA Registration in Patna City is online process whereby Non Governmental organizations working in specified ring can apply for such registration. After obtaining FCRA Registration an relationship can take foreign contribution subject to the limit as may be imposed by the concerned authority. The main intend of the Foreign Contribution Regulation Act is to curb the inflow of child maintenance from foreign countries into India to achievement or fake electoral politics, public servants, judges and journalists, etc.
Who can apply for FCRA Registration in Patna City?
Associations registered below any of the behind 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 City?
- Track compilation of full of life in the ring for which the trust was incorporated for a minimum become old of 3 Years.
- Investment/Usage of a minimum of Rs. 10 Lakh in preceding 3 Years for social cause relating to the mean for which NGO was incorporated
- Registration is granted only after conducting a through enquiry and psychiatry of the membership through local and extra sources.
Is it necessary to have 12A and 80G registration to apply for FCRA Registration in Patna City?
No, 12A and 80G registration is for Income Tax Purpose, while FCRA Registration is for compliant money from foreign countries they are not in any way related.
Period of validity of FCRA Registration Certificate.
Once issued FCRA Registration certificate is real for a grow old of 5 years and can be renewed after its expiry.
Requirements combined to credit for obtaining FCRA registration in Patna City.
The applying attachment must ensure that it has opened a buoyant saving account for the point of cooperative Foreign Contributions, no other bill shall be used for obliging foreign contribution. The details of such account must be mentioned in the application.
Documents required for FCRA Registration in Patna City?
- Incorporation Documents of teh Association
- Copy of Audit explanation of rapidly preceding 3 Financial Years
- Bank Account Details
- List of Governing Body
- KYC Documents of Governing Body
- Contact Details
Time required to get hold of FCRA Registration in Patna City
1-2 Months
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