FCRA GRANTS TO FOR-PROFITS?
- From: "AccountAid" <publications@...>Subject: AccountAid Capsule 363: FCRA GRANTS TO FOR-PROFITS?
Does FCRA cover for-profit organisations also? For example, if a private limited company takes up some social work with grant funds from a foreign donor, will it need FCRA registration?
Yes. FCRA 2010 covers all kinds of organisations, including for-profit organisations. In such a case, the for-profit organisation will most likely need FCRA clearance.
· Pp. 39-40, 75 AccountAble Handbook – FCRA 2010 (sample pages at www.AccountAid.net)
· Sec. 2(1) read with Sec. 11(1) of FCRA 2010
· Question 36 – FAQ on FCRA web-site (http://mha.nic.in)
Can anyone assist us in getting FCRA for a particular project which we intend to do under the banner of Rotary Club of Mulund Hill View
DR MANISH MOTWANI
LAPAROSCOPIC WEIGHT LOSS AND GENERAL SURGEON
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CHAIRMAN AND MANAGING DIRECTOR - ’AASTHA HEALTH CARE'
FOUNDER AND HEAD - ‘B-LITE CLINIC’
DIRECTOR – APPLE HOSPITALITIES PVT LTD
DIRECTOR – MAESTRO LIFESTYLEES
PAST PRESIDENT – ROTARY CLUB OF MULUND HILL VIEW
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