FCRA stands for Foreign Contribution Regulation Act. The Foreign Contribution (Regulation) Act, 2010, FCRA Registration Online in Punjab, regulates the acceptance and utilization of foreign contributions or grants by associations, societies, trusts, and other non-government organizations (NGOs) in India. It aims to ensure that foreign funds are used for the purposes for which they are given and not misused. Any association, society, trust, or NGO that receives or proposes to receive foreign contributions, whether in the form of cash, securities, or otherwise, needs to register under FCRA online registration. This includes organizations engaged in social, educational, cultural, religious, or other activities. We will charge FCRA registration fees at an affordable price.

Documents Required for FCRA Registration Online in Punjab:

FCRA registration documents required in the following steps are:

(1) A copy of the PAN card of the organisation.

(2) The bank details.

(3) If any foreign contributions have been received in the last three years, then details should be mentioned.

(4) The mobile number of the office.

(5) For more document information, contact us at +91 9990363345.

Benefits of FCRA Registration Online in Punjab:

(a) Legal Recognition and Credibility:

Provides legal recognition and credibility to the organization. Builds trust among donors, partners, and beneficiaries. Enables the organization to legally receive foreign contributions.

(b) Operational efficiency:

Facilitates the efficient receipt and utilization of foreign funds. Promotes transparency in financial management. Ensures adherence to legal requirements and reduces compliance risks.

(c) Expanded Reach and Impact:

Access to a wider pool of potential donors and funding sources. Enables undertaking larger-scale projects and initiatives. Fosters collaborations with international organizations.

(d) Support for Social Causes:

Allows for the effective implementation of social development programs. Helps address critical social issues and challenges. Contributes to community empowerment and capacity building.

(e) Overall Development:

Supports the sustainable growth and development of the organization. Encourages professionalization and good governance practices. Enhances the organization’s reputation and image.

Important points to remember:

(1) FCRA registration online in Punjab is valid for five years and needs to be renewed before expiration.

(2) Organizations must maintain proper accounts and records of foreign contributions received and utilized.

(3) Regular filing of annual returns is mandatory.

(4) Non-compliance with FCRA provisions can lead to penalties and the cancellation of registration.

Eligibility for FCRA Registration Online in Punjab:

To be eligible for FCRA registration online in Punjab, an organization must be a legally registered entity in India, such as a society, trust, or Section 8 company. It should have been operational for at least three years and spent a minimum of Rs. 10 lakh on its core activities during the past three years. The organization’s primary focus should be on social welfare, education, culture, religion, or similar activities. Additionally, it should have clearly defined programs aimed at benefiting society and a clean track record. It’s crucial to note that FCRA for NGO regulations can change, so seeking professional advice is recommended.

External Government Website Link: MCA