NEWS – Page 6 – ngoenabler

FCRA relaxation in pipeline

Posted by On April 29, 2021 / Comments 0

https://ngoenabler.com/wp-content/uploads/2021/04/20210429_105037.jpg...

Definition of CSR broadened again

Posted by On April 22, 2021 / Comments 0

Ministry of Corporate Affairs clarifies that spending of CSR funds for “setting up makeshift hospitals and temporary COVID care facilities” is an eligible CSR activity. General Circular No. 05/2021...

CBDT Latest Notification

Posted by On April 17, 2021 / Comments 0

The wait is over !! CDBT has finally released the notification dated 26th March 2021 laying down the provisions for renewal of registrations u/s 12AA/12A.80G/10(23C) and notifying the related forms. Renew…...

Form 10BD – Filing of Statement of Donation

Posted by On / Comments 0

CDBT in its notification dated 26th March 2021 have also laid down the procedure for furnishing the particulars of donation in Form 10BD which shall be mandatory for all organizations…...

Tax calendar released by Income tax department

Posted by On April 4, 2021 / Comments 0

Tax calendar released by Income tax department. https://www.incometaxindia.gov.in/pages/deadline.aspx...

Link Aadhar and PAN by 31 March.

Posted by On March 24, 2021 / Comments 0

Get ready to pay late fee if you don’t link Aadhaar and PAN by 31 March - https://www.livemint.com/money/personal-finance/get-ready-to-pay-late-fee-if-you-don-t-link-aadhaar-and-pan-by-31-march-11616561668052.html Download mint app for latest in Business News - https://bit.ly/32XEfFE...

Redressal mechanism for faceless e-assessment

Posted by On March 22, 2021 / Comments 0

IT Dept. creates exclusive e-mail for raising complaints against 'roving questionnaires' issued under Faceless Assessment* IT Dept. creates exclusive e-mail ID for grievance registration regarding Sec.142(1) notices, including roving questionnaires,…...

FCRA Annual Return | Extension of Due Date

Posted by On November 24, 2020 / Comments 0

The FCRA Annual return for the financial year 2019-20, has been extended from 31.12.2020 to 30.06.2021. As per the notice, it seems that the Darpan id has been again made…...

A new separate regulator for NGOs – a boon or bane for the Sector ?

Posted by On November 16, 2020 / Comments 0

The Central Economic Intelligence Bereau (CEIB) have recommended setting up a national level regulator "National Conmission for Charitites" in order to monitor and regulate the activities of the NGOs, with…...

STANDARD OPERATING PROCEDURE FOR OPENING OF FCRA ACCOUNT IN NDMB, SBI

Posted by On November 12, 2020 / Comments 0

From confirmed sources, the SOPs for opening the FCRA Account in NDMB, SBI, have been released but yet to uploaded on the FCRA portal and SBI Website. https://ngoenabler.com/wp-content/uploads/2020/11/Final-SOP-FCRA-10-Nov-2020-6-00-PM.pdf...

Recent update for NGOs

Posted by On October 24, 2020 / Comments 0

The Ministry of Finance has yet again extended the due date for filing tax audit reports and income tax returns for the AY 2020-2021. The due date for the tax audit…...

MHA Department Notification on opening and Operating FCRA Account in New Delhi

Posted by On October 13, 2020 / Comments 0

The MHA Department has finally come up with the notification on procedure for opening and operating the FCRA Account in New Delhi Main Branch of SBI. The copy of notification is enclosed for your reference.…...

Proposed Amendments in FCRA Regulations

Posted by On / Comments 0

A series of amendments have been proposed in FCRA regulations which include: a) Debarring public servants from receiving foreign contribution b) Reducing the limit of spending on administrative expenses from…...

Judgement by Apex Court on Application for 12A

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A welcome judgement on Application for 12A registration by the Apex Court : Ananda Social And Educational Trust vs. CIT (Supreme Court) 12AA registration no stipulation that the trust should…...

System by RBI for Tracking High Value Transaction

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Another system of tracking the high value transactions is being introduced by RBI to stop banking frauds - " Positive Pay System" The issuer of cheque might now have to…...