Essentials Benefits of FCRA Registration
Foreign Contribution Regulation Act or FCRA is defined as a law enacted by the Parliament to regulate foreign contribution that is provided by certain individuals or associations to NGOs. Any NGOs that take part in activities that are against the law will have their license cancelled, as per the rules of the act. This article will lay down some important measures, registration process and other details about FCRA.
Below mentioned are certain minimum requirements for Online FCRA Registration.
It is important to understand all rules regarding FCRA before filing for its application. Having a better understanding of the rules helps the individuals in several ways. These rules are mentioned for members of the organization and the authority expects the members to follow them.
Below mentioned are certain eligibility requirements:
FCRA Registration allows organizations to work with international bodies such as Oxfam, British High Commission, UNESCO, Infinity Foundation, Ford Foundation, Canadian High Commission, New Zealand High Commission, etc.
The registration process of FCRA consists of certain steps which will be discussed in this section:
Following are certain documents which are required to be submitted for the registration of FCRA (FC-3A):
FCRA Registration has a validity of five years. It must be renewed after the completion of five years:
The application for renewal can be filled in any of the following ways:
Documents required at the time of renewal are as follows:
Below mentioned are certain documents required to be uploaded:
On 7th March, 2019, Ministry of Home Affairs announced some changes in the FCRA.
MHA has introduced five different forms for every change:
The supervision of foreign contribution is a very important factor for the country. Any activity that seems suspicious or which violates the laws must be suspended by the concerned authority. Unusual activities related to finances are a common factor that prevails all around the world. Thus keeping an eye on the transactions is necessary.
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