Foreign exchange donation by indian trust

Ashima (CA Job) (59 Points)

16 September 2013  

Hi all

I am working as voulunteer for a charitable trusts which works for benefit of underprieveliged children. One of the US citizen has expressed interest to donate some amount to trust. I need urgent help with following :

a) will trust have to be registerd under FCRA for receiving this donation.

b) if so, what is the procedure for getting registartion under FCRA and expected time frame

c) Trust is under process of getting 80G exemption. Will that be an issue

d) what other formailities will have to be completed

e)can donation received directly in Indian bank account of the trust.

Please help. Thanks