FCRA Registration is regulated by Foreign Contribution Regulation Act . By getting your NGO enrolled under FCRA scheme , you will be able to avail tax exemption for the deposit of money in your account by foreign national or institutes . Additinally it also faciliates foreign national or institutes . Get your NGO registered under FCRA today

Sometime foreign national tend to donate in your indian NGO due to various tax exemption.

The act made its debut in 2010. The main aim was to monitor the foreign contributions coming into Indian trusts, NGOs and other section 8 companies. However, the question persists: why do you need this act? There are three reasons for the same:

1.Foreign contribution requires thorough assessment. As a result of constantly swaying foreign exchange rate, it’s tough to find out the amount of money contributed by an individual organization. FCRA's objective is to make the same easier.

2.Unregulated foreign donations can exploit domestic industries in many ways. This can endanger the socio-economical and political base of the country. FCRA by monitoring uncovers the intention behind the flow of foreign contribution and checks its misuse.

3.For the sake of finding out the purpose and the depth of Foreign contribution, FCRA registration empowers the Reserve bank of India to perform refined auditing to get accurate details.