FCRA New Rules 2015
4. Disclose FC Funds Details
Every organization has to disclose details of FC funds like Date, Amount and Donor Name, on the organization’s website quarterly. The deadline is 15 days after the quarter ends.
5. Intimation of Changes
Organization has to intimate to FCRA department in Form FC-6 online for any changes in the Name, Object, Key Members, Banks etc.. within 15 days of such change
Our Interpretation*
- You can transfer funds to unregistered organizations only with the prior approval of FCRA department in the prescribed format and manner.
- On can make payments from FC funds to other persons for services rendered by them.
Hi,
I have a little query about the unregistered person regarding FC 5 Format, It means every person who is taking salary and any vendor who is working with our organization need to be register with FCRA department if we are paying them?
Vaibahv
No, No,
Form FC5 is regarding transfer of FC funds to other person as grant (unregistered person means not registered with FCRA). So if you pay audit fees to auditor obviously he is not registered with FCRA. You can pay to him. No need to file FC5.
Hello Sir,
We have small orphanage.
Regarding FC rules we cannot using on cash basis. We pay cheque at school for everything purpose and construction and repair pay cheque . But remuneration and marketing we have to pay cash. Remuneration are below Rs. 5000/-.
So, please give me advise that how much cash we can use every month? Because marketing for food we have to pay cash for local market. Thanks
Regards
Prabir
Mr. Das,
As per my opinion, cash expenses should be avoided as far as possible. In your cash you should pay remuneration through cheque only. Ask staff to open bank account.
In case of food expenses, you can give advance to care taker by cheque and he will pay cash from it.
What is the procedure if User id received around 10 years back is lost and cannot be accessed ?
As such there is no online procedure for retrieving username and password. I suggest that you contact them via phone or email. There may be some offline procedure for it. Go to http://www.fcraonline.com and click on “contact us” page.