Charitable trust in india

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 May 2013 Can a Charitable trust can receive donation from abroad- USA. If yes what are the formalities for the same regarding FEMA etc

raghavender upadhyay

raghavender upadhyay (Expert)

25 May 2013 Yes they can receive. According to FCRA, all association receiving Foreign Donation are required to obtain prior permission of Government of India, Ministry of Home Affairs for receipt and utilisation of such contribution. A system of permanent registration is also available whereby an association need not to take prior permission for the donation received by them. In this note, we shall restrict ourselves to discussion on this aspect of FCRA (permanent registration under FCRA).

Documents Required:
The following documents are required for registration purpose.
1. Form no. FC. 8.
2. Copy of Memorandum and Rules & Regulation of your society.
3. Copy of audited accounts for the last three years.
4. List of office bearers.
5. A note on activity of the association during the past three years.
6. Name and address of the bank along with account number in which you intent to receive foreign donation.
7. Copy of registration certificate

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