Is this allow to an ngo to operate a micro finace ? if any ngo wants to issue loans in shg (self help group) and collect back the loan with intrest then its allowed or not ? plz reply !
Menu
Micro finance in ngo
Replies (2)
commercial activity not allowed for considertion ngo
ngo set up of help for society
commercial activity not allowed for considertion ngo
ngo set up of help for society
only 20% of total income of ngo comes from
commercial activity is allowed but business should be
supportive
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
