Fcra
This query is : Resolved
10 May 2012
DEar Sirs
Our organisation is a charitable trust . One member of this trust is working outside india . At the time of retirement he get pension in dollars. he invested the dollars in the trust"s bank account & converted into Indian rupee .Whether the trust needs FCRA registration ?
Our organisation is a charitable trust . One member of this trust is working outside india . At the time of retirement he get pension in dollars. he invested the dollars in the trust"s bank account & converted into Indian rupee .Whether the trust needs FCRA registration ?
11 May 2012
Yes. If the funds came in as a donation our to the corpus of trust in foreign exchange you need to apply for fcra.
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