The Parliament has enacted FCRA 2010, to consolidate the law to regulate the acceptance and utilization of foreign contribution by certain NGO/Trust/Society to prohibit acceptance and utilization of foreign contribution for any activities detrimental to national interest and for matters connected therewith or incidental thereto.
If any NGO/Trust/Society wants to receive foreign Contribution for any activity related with cultural, economic, educational, religious or social then It must obtain the FCRA registration/prior permission from the Central Government.
Eligibility Criteria to take FCRA Registration:-
Documents Required for the registration
FCRA Associations Statistics ( As on 31/05/2021)
Active Registration :- active Registration means valid FCRA Registered entity till date
Cancelled Registration :- Cancelled Registration here means Registration cancelled by the department.
Deemed Expired :-. If no application for renewal of registration is received or the application is not accompanied by requisite fee before the expiry of the validity of the certificate of registration, the validity of the certificate of registration shall be deemed to have ceased from the date of completion of the period of five years from the date of the grant of certificate of registration.
From the statistics we can see 20,673 Registration has been cancelled which means approx. 50% Registration has been cancelled overed the Registration granted.
Reason for Cancellation of FCRA Registration
NOTE:- Once FCRA has been cancelled shall not be eligible for registration or grant of prior permission for a period of three years from the date of cancellation of such certificate.
Renewal of FCRA Registration
Certificate of Registration is valid for five years from the date of granted. Further An application for renewal of the certificate of registration shall be made to the Central Government in electronic form in Form FC-3C before 6 months from the date of validity of certificate.
Every person seeking renewal of the certificate of registration under section 16 of the Act shall open an FCRA Account and mention details of the account in his application for renewal of registration.
Before seeking renewal of Registrations. The The associations must have filed all previous ARs, Darpan ID and designated “FCRA Account” in SBI, Main Branch New Delhi. Filing of AR is mandatory for even ‘NIL’ FC receipt.
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THE AUTHOR – CS MONIKA MALHOTRA (PRACTICING COMPANY SECRETARY) CAN BE REACHED AT firstname.lastname@example.org or +91-9599561517.