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โœ… FCRA โœ… Sec8 Company โœ… CSR fund โœ… 35AC

One Stop Solutions for NGO – WhatsApp Chat

๐Ÿ“Œ No Money Wasting –

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We are serving to NGOs since last 20 years with pan-India clientele. Ozg Legal Services has been recommended by officials from various ministries and departments.

๐Ÿ“Œ Sec-8 Foundation + FCRA Registration –

If you are facing fundraising problems then you can take an exclusive package for true NGOs developed by Ozgian. We help you to set up an FCRA registered foundation, a nonprofit foundation under section 8 of the Indian Companies Act, 2013. You can operate with it in all parts of India like a national NGO.

๐Ÿ“Œ Sec8 Foundation for CSR Funding:

It qualify for CSR funds from reputed companies recommended by Ozgian 24/7, that is not possible with trust/society due to many reasons.

๐Ÿ“Œ OZG COMPLIANCE CARE:

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Highlight of FCRA Amendment Bill, 2020

๐Ÿ“Œโœ‚๏ธ No public servant, as defined in Sec 21 of IPC (https://indianpenalcode.ozg.in), can receive foreign contributions; It seeks to amend clause (c) of sub-section (1) of section 3 of the FCRA Act, to include โ€œpublic servantโ€ in the ambit of entities that are banned from accepting foreign funds.

๐Ÿ“Œโœ‚๏ธ Any kinds of transfer or sub-granting of FCRA funds is fully restricted. It means either fc funds can be used for sole purpose or returned back to donor.

๐Ÿ“Œโœ‚๏ธ NGOs can use only 20% i.e. decreased from existing 50% of foreign contributions towards admin expenses; Definition of Administrative Expenses is given in the Rule 5 of FCRA Rules, 2011.

๐Ÿ“Œโœ‚๏ธ Aadhaar number of all key functionaries mandatory with application for FCRA registration / renewal or prior permission.

๐Ÿ“Œโœ‚๏ธ NGOs can receive foreign funds only in designated FCRA account to be opened in SBI Bank branch in New Delhi. However, they may open one or more utilisation accounts in bank of their choice. This thing has created a huge confusion among NGO community. Please, note you can open bank account in such SBI branch at New Delhi by simply visiting to your nearest SBI Bank branch. You do not need to visit to New Delhi for this.

๐Ÿ“Œโœ‚๏ธ Government has also sought to give itself considerable powers in deciding which organisation shall cease to utilise its funds. The Bill proposes to do this by amending Section 11 of the FCRA Act to give itself the power to stop organisations from using funds it has received, but not utilised. Till now, the government was in the position to take such action only after the person or association was โ€œfound guiltyโ€ of violation of the FCRA Act.

๐Ÿ“Œโœ‚๏ธ FCRA Bill also seeks to give the government the power to decide on the period of suspension beyond 180 days.

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