Welcome to our channel! In this video, we delve into a critical issue affecting FCRA registered organizations: the feasibility and legality of entering into commercial contracts for project implementation. Since the amendments to the FCRA in 2010, the landscape for NGOs has significantly changed, particularly regarding sub-granting and partnership dynamics.
We discuss whether NGOs can still engage in commercial contracts, the potential legal implications under FCRA and the Income Tax Act, and the GST considerations that come into play. We also explore the nuances of working with foreign donors under these contractual arrangements, emphasizing compliance with FEMA regulations.
Join us as we provide clarity on whether NGOs can pivot to commercial contracts, the limits on such activities under current regulations, and practical advice for navigating these complexities.
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