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Ca. Rohit Jain

Latest Posts by Ca. Rohit Jain

World to look East Post COVID-19

May 18, 2020 786 Views 0 comment Print

The Western Countries of the world specially, America and Europe, have been leading the world for a long time. However, with this Corona Virus situation the Eastern Countries have shown a great potential. What is going Wrong with West? The USA has been in forefront since World War II till recent times. The US has […]

Is India Ready for Covid-19 Recession?

March 25, 2020 2493 Views 0 comment Print

With the increase in Covid-19 pandemic, Hon’ble Prime Minister Sh. Narendra Modi has announced a complete nation-wide lockdown for 21 days beginning from mid-night of 24th the March 2020. It can be evidently seen that public has strain of Covid-19 on the one hand and anxiety of economic slowdown on the other hand. Amidst all […]

Whether FCRA, 2010 allows Govt to decide political Status of an organisation?

March 6, 2020 2283 Views 0 comment Print

Whether Foreign Contribution (Regulation) Act 2010 (FCRA, 2010) (read with rules) allows Central Government to freely decide whether an organisation is political or not? What is Foreign Contribution (Regulation) Act 2010? The Foreign Contribution (Regulation) Act 2010 and rules framed under it (the ‘FCRA’ or ‘Act’) regulate contribution by non-governmental organisations (‘NGO’) in India. The […]

Analysis of Budget 2020: Impact on Charity Institution

February 14, 2020 2019 Views 0 comment Print

For development sector, on the one-hand, the budget has covered various loopholes but on the other side, it has burdened the non-profit sector with renewal formalities, donation reconciliation requirements and other registration formalities.

Changes made in Annual Return under Foreign Contribution Regulations Act

December 17, 2019 14049 Views 0 comment Print

Every association registered under Foreign Contribution Regulations Act (FCRA) has to submit an Annual Return (Form FC-4) to the Ministry of Home Affairs (MHA), online before 31st December for its foreign fund receipts for the previous financial year. The MHA has recently done major amendments in the FC-4, the revised FC-4 has been provided in […]

Root Cause Analysis | Structured problem solving

December 16, 2019 3111 Views 0 comment Print

Root Cause Analysis (RCA) is one of a group of classic methodologies known as structured problem solving. Today, we find that RCA is one of the hottest topics in the world of audit and accounting. It is also very much vibrant from the data shared by Future of Jobs Survey 2018, World Economic Forum that […]

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