Skip to main content

NGO'S FCRA ANNUAL RETURN - LAST CHANCE TO CLEAR BACKLOGS


The Government has given the last opportunity to all such institutions / organizations who have applied for renewal of their registration under the Foreign Contribution (Regulation) Act 2010 (FCRA) but not uploaded their Annual Return from Financial Year 2010-11 to 2014-15, to file its Annual returns within a period of 30 days i.e. 15th May 2017 until 14th June 2017.

All such NGOs can upload their annual returns with the necessary documents in the period of 30 days from 15th May 2017 to June 14, 2017. During this period, no additional charges will be charged for filing annual returns. The government has further decided that no compounding fees shall be imposed in case late filing is completed within a period of 30 days.

This exemption is being given to the institutions for the last time which will submit annual returns from the financial year 2010-11 to 2014-15. Unless the annual returns will be uploaded by the organizations, renewal will not be done under the FCRA.

For obtaining notification copy in your inbox, please mention your email id in the comment section or do contact us through our page.

For further details in this regard, please contact at:

Compliance Chambers
Advisory & Consulting
Address F-2 / 151, Sector - 11
Rohini, New Delhi |  Pin Code 110085
Abhimanyu Rajpurohit:  +91 93100 48341, +91 7838060605
Manish Nama:               +91 88007 22330, +91 88004 22330

Comments

Popular posts from this blog

BLUETOOTH SIG MEMBERSHIP

The Bluetooth Special Interest Group (SIG) is a network of member organizations that are the caretakers and innovators of Bluetooth® technology. As a Bluetooth SIG member, your organization will join a community that helps you grow your business and shape the future of Bluetooth technology. OBJECTIVE OF BLUETOOTH SIG  The primary purpose of the Bluetooth SIG is to support members to make sure that all Bluetooth products are qualified properly and that they comply with the Bluetooth license agreements. The Bluetooth compliance program consists of two steps, which Bluetooth SIG members have to complete – the qualification and the declaration process. WHEN DO I NEED TO BECOME A BLUETOOTH SIG MEMBER? A. Any company incorporating Bluetooth wireless technology into products, using the technology to offer goods and services or simply re-branding a product with Bluetooth technology wants to use word or symbol of ‘Bluetooth’ on their products must become a me...

SIGNIFICANT BENEFICIAL OWNER - THE COMPANIES ACT PERSPECTIVE

A s per Section 469 of the Companies Act, 2013 (‘Act’) Central Government has the power to make rules for carrying out the provisions of this act. With the power of Section 469 of the Act, the CG has made Companies (Significant Beneficial Owners) Rules, 2018 for carrying out the provisions of Section 90 of the Companies Act, 2013 which is amended in Companies (Amendment) Act, 2017 under section 22. A s per section 90 , of the Act, every individual , who acting alone or together, or through one or more persons or trust, including a trust and persons resident outside India, holds beneficial interests, of not less than twenty-five per cent. or such other percentage as may be prescribed, in shares ( shares includes GDR, compulsory convertible preference shares or compulsory convertible debentures) of a company or the right to exercise, or the actual exercising of significant influence or control as defined in clause (27) of section 2 of the Act. Also as per section 2(6) ,...

FINANCIAL STABILITY REPORT - A BRIEF OVERVIEW

The Reserve Bank of India today released the Financial Stability Report (FSR), 17th in the series. The FSR reflects the overall assessment of the stability of India’s financial system and its resilience to risks emanating from global and domestic factors. The Report also discusses issues relating to developments in and regulation of the financial sector. Global and domestic macro-financial risks ·         Global growth outlook for 2018 remains positive despite some recent softness. ·         Spillover risk from advanced financial markets to emerging markets, however, has increased. ·     Tightening of liquidity conditions in the developed markets alongside expansionary US fiscal policy and a strong US dollar have started to adversely impact emerging market currencies, bonds and capital flows. Firming commodity prices, evolving geopolitical developments and rising protectionist sentiments pose added risks. ·   ...