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FCRA Terms and Conditions

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what is the procedure for obtaining registration certificate under FCRA by a society registered under Societies Registration Act. and opening bank account specifically for receiving Contributions from foreign? Thanks..!
Replies (1)

The association must:-

 

 

  • Be registered under the Societies Registration Act, 1860 or the Indian Trusts Act, 1882 or registered as Section 8 Company as per the Companies Act, 2013 or any such Act as may be required.
  • Submit a specific commitment letter from the donor to the Ministry of Home Affairs which indicates:-
    – Amount of contribution given
    – Purpose for which it is proposed to be given
  • Where the Indian recipient organization and foreign donor organization have common members, the following conditions need to be met:-
    – The Chief Functionary of the Indian organization can’t be part of the donor organization.
    – At least 51% of the members/office-bearers of the governing body of the Indian recipient organization should not be employees/members of the foreign donor organization.
    – Where the foreign donor is an individual:
    1. He cannot be the Chief Functionary of the Indian organization.
    2. At least 51% office bearers/members of the governing body of the recipient organization should not be the family members and close relatives of the donor.


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