What is FCRA | Criteria,& Compliance For FCRA | #taxgyany #fcra

What Is FCRA (Foreign Contribution Regulation Act) | Criteria, Compliance

In this informative video, we delve into the intricacies of FCRA (Foreign Contribution Regulation Act), a crucial law enacted by the Government of India to regulate the acceptance of financial aid or contributions from foreign nations. Whether you're a non-profit organization, an NGO, or simply interested in understanding the legal framework surrounding foreign contributions, this video is for you!

We'll break down the FCRA criteria, covering essential aspects such as:
1. Criteria for FCRA Registration: Explaining the eligibility criteria and requirements for obtaining FCRA registration.
2. Three Years Completion Requirement: Understanding the significance of completing three years of existence for organizations seeking FCRA registration.
3. Spending on Object: Clarifying the stipulation regarding the minimum expenditure of 10 lacs on the stated object for FCRA applicants.
4. Audited Financials: Highlighting the necessity of submitting audited financial statements for the preceding three years as part of the FCRA application process.

Join us as we navigate through the complexities of FCRA compliance and provide clarity on the steps organizations need to take to ensure adherence to the law. Don't miss out on this comprehensive guide to understanding FCRA

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