1. Consolidated
Form for Registration, Prior Permission and Renewal of
Registration:
Earlier, Form FC-3 was used only for applying for registration, while Form FC-4
was used for applying for prior permission and Form FC-5 for the purposes
of renewal. Now onwards, The application form for
applying for registration, prior permission and renewal has been merged together and Form FC-3 has
been provided for all the above three processes. Further, w.e.f 14.12.2015, the Form
shall be filed
online only and no need to send hard copies after filing of Form online. The signature and seal of the company need to be scan and affix on the online filed form and the
payment is
also need to be made online too.
2.
The new list of
the Forms has been provided with the purpose of the
Form which are
as
below: Form FC-1: Intimation for
gift received from relative or
FC received by candidates of election. Form FC-2: Prior
permission to accept Foreign Hospitality.
Form FC-3:
Application for Registration /Prior Permission / Renewal.
Form FC-4:
Annual Return.
Form FC-5:
Transfer to unregistered Organizations/Persons.
3. Annual Uploading of Information on Website (Rule13):
Earlier, only those organizations who had received more than 1 Crore Rupees in a year were required
to upload the financial information in public domain. Now onwards, all organizations having registration or
prior permission shall mandatory have to upload their financial information on their
website or on the website as may be specified by the Central Government.
4. Quarterly Uploading of Grant Information in Website (Rule13):
Now, all
organizations having registration or prior permission shall mandatory have to
upload their financial information pertaining to the donor and the detail of grants received on their website or on the website as may be specified by the Central Government. The information to be uploaded includes detail
of
the donors; amount received and date of receipt.
The information should be uploaded within 15 days
following the last day of
the quarter in which the funds were received.
5. Annual Return Form changed from FC-6 to FC-4:
Annual Return shall be filed in Form FC-4 and not in FC-6. The organisation has to upload scanned copies of Annual Financials with the return
and no need
to send hard
copies. Form FC-4 has to be filed within
9 months
of
the closure of the Financial Year, i.e.
before 31st December.
Further, the organizations
who have successfully filed form FC-6 on or before 14.12.2015 for FY 2014-15 are not required to file in the new form FC-4. The organizations who have not filed Form FC-6 before
15.12.2015 are required
to
file Form FC-4. The last date for filing the annual
return for the year 2014-15 in
the new Form FC-4 is 15.03.2016.
6. Form FC-7 & FC-8 have been omitted. Now if an organization receives any Foreign Article and/or Foreign
Security then
it has to file Form FC-1.
7. Rule 17: If the organizations have not received/utilized any Foreign Contribution during the year, then
Nil return need to be filed and no require to enclose
audited Financial Statements. If there is any
opening Carry forward of Foreign Contribution
and the same is utilized during the year, then above benefit cannot
be
availed and audit is required to be done and filed along with the Annual
Return.
8. No Prior
Approval Required
for Change
in
FCRA Bank Account
(Rule
17A): Earlier, for
change in designated Bank Account, prior approval of the FCRA Department was mandatory but now onwards, such change can be made without permission and only intimation is required to be filed electronically online in
Form FC-6 within 15 days of
such change.
9. No Prior Approval Required for Change in Governing Board (Rule 17A): Earlier, for change of more than
50% in the Governing Body, prior approval
of the FCRA Department was mandatory. The change of 50% shall
be considered from
the
list
of Board
members submitted at the
time of
application for
FC
registration or prior permission. Now onwards such change can be made without permission and only intimation is required
to
be filed electronically
online in Form FC-6 within
15 days of such
change.
10. No Prior Approval Required for Change in Address
with in the State (Rule 17A): If there is any change in address with in the state, then no prior permission is required from the FCRA Department but such
change can be made without permission and only an intimation is required to be filed electronically online in Form FC-6 within 15 days of such
change.
11. No Prior Approval Required for Change in Objectives of the Organization (Rule 17A): Earlier, for change in
the Aims
and Objectives of the organization,
prior
approval of the
FCRA Department was necessary. It is implied that the
change of objectives should be within the broader objects approved by the FCRA Department at the time of registration. Now onwards such permissible
change can be made without prior
approval and only intimation is required to be filed electronically online in Form FC-6 within 15 days of
such change.
12.
Filing of
Renewal Application in Form FC-3:
The renewal application has to be filed by all the organizations including those who have already applied
in the old Form FC-5. All organizations have to file the renewal application by 15th March 2016,
electronically in Form FC-4 at FCRA Website https://fcraonline.nic.in.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 13,300 Members, Free/Easy/Comfortableway
