Fcra

This query is : Resolved 

29 August 2012 please any one can tell me that micro finance by ngo to group of ladies through formation of a cluster is legal way to distribute seed money and permitted by fcra.

29 August 2012 FCRAis only applicable if money/charity/donation is received from foreign sources.

Anuj
Femaquery@gmail.com

29 August 2012 Anuj sir ngo get the donation for distribute the money as a seed money to beneficiaries, so can ngo distribute it through cluster system, is it legally possible

30 August 2012 There might be issues with the NBFC laws.

Also FCRA doesn't come into picture money from outside India is received.

Anuj
femaquery@gmail.com


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details