anjali (executive accountant) (28 Points)
11 December 2013Dear all,
I am working in an Ngo.
It would be of great help if anyone can share the legal compliances and regulations related to the FDI in NGO sector in Indian context.
Plz share the helpful related links. It will be appreciated.
Regards
Anjali
Ankit
(CA, CS)
(3064 Points)
Replied 11 December 2013
Dear Anjali,
The regulation applicable to an NGO, for receiving foreign contribution is, Foreign Contribution Regulation Act, 2010. The act requires you to take approval from the Ministry of Home Affairs for receiving the contribution etc.
- Ankit
Ankit
(CA, CS)
(3064 Points)
Replied 11 December 2013
you are welcome Anjali,
incase you have any doubts, please ask
CAclubindia
