What is FC1 form?

Users can find the Form FC-1 for intimation to Govt of receipt of Foreign Contribution by relatives. This form is provided by the Ministry of Home Affairs.

What is FC form?

(see rule 3A) Form of application for seeking registration with the Central Government under the Foreign. Contribution (Regulation) Act, 1976 (hereinafter referred to as the Act) for the acceptance of. foreign contribution by an Association having a definite cultural, economic, educational, religious.

What fc1 reporting?

Intimation of receipt of foreign contribution by way of gift from relative by an individual. Intimation about Foreign Contribution by way of (Articles) from relative by an individual. Intimation to the Central Government of Receipt of Foreign Contribution received by a candidate for Election.

When to file FC1?

Rule 3(3): Purpose of the eForm A foreign company shall file the particulars of the principal place of business in eform FC-1 within 30 days of establishment of place of business in India alongwith the required documents to RoC, Delhi.

What is the full form of FCRA?

The Objective of FCRA 2010 The Foreign Contribution Regulation Act, 2010 was enacted with a view to:- Regulate the acceptance and utilization of foreign contribution or foreign hospitality by certain individual associations or companies.

Why is FCRA needed?

The FCRA regulates foreign donations and ensures that such contributions do not adversely affect internal security. Registered associations can receive foreign contribution for social, educational, religious, economic and cultural purposes. Filing of annual returns, on the lines of Income Tax, is compulsory.

Is FCRA mandatory?

It is mandatory for NGOs receiving foreign funding to register under the FCRA and the decision is expected to be beneficial for several thousand NGOs and other voluntary organisations whose registrations have expired since September 29.

What is TFC report?

TFC-1 Weekly Consolidated Foreign Currency Report of Major Market Participants. Description: The Weekly Consolidated Foreign Currency Report of Major Market Participants collects data on foreign exchange contracts and actively managed positions of major market participants.

What is the meaning of foreign company?

“foreign company” means any company or body corporate incorporated outside India which,— (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and. (b) conducts any business activity in India in any other manner.

Who needs FCRA?

Charitable Trusts, Societies, Section 8 Company that receive foreign contribution or donation from foreign sources are required to obtain registration under Section 6(1) of Foreign Contribution Regulation Act, 2010. Such a registration under the Foreign Contribution Regulation Act, 2010 is called a FCRA registration.

What is NGO full form?

A non-governmental organization, non-government organization, or simply an NGO, is an organization that is, generally, formed independent from government.

Who Cannot open a FCRA account?

As defined in Section 3(1) of FCRA, 2010, foreign Page 4 contribution cannot be accepted by any: (a) a candidate for election; (b) correspondent, columnist, cartoonist, editor, owner, printer or publisher of a registered newspaper; (c) Judge, government servant or employee of any Corporation or any other body …

How to use form FC-1 for foreign contribution?

Form FC-1 for intimation to Govt of receipt of Foreign Contribution by relative. Form FC-1 for intimation to Govt of receipt of Foreign Contribution by relative Share This. Users can find the Form FC-1 for intimation to Govt of receipt of Foreign Contribution by relatives.

Where can I find the form FC-1 for intimation?

Users can find the Form FC-1 for intimation to Govt of receipt of Foreign Contribution by relatives. You can fill up the form with all the relevant information as mentioned. This form is provided by the Ministry of Home Affairs.

Where to find form FC-1 for foreigners division of Ministry of Home Affairs?

Users can find the Form FC-1 for Intimation of receipt about Foreign Contribution provided by the Foreigners Division of Ministry of Home Affairs. You can read the instructions given before filling up the form.

When to use form FC-2 for foreign hospitality?

The Form FC-2 can be used by applicant for seeking a prior permission of the Central Government to accept foreign hospitality availed in case of emergent medical aid situation.