” The best way to find yourself is to lose yourself in the service of others ” – Mahatma Gandhi

Knowledge Desk

Domain Extension “.ngo” – exclusively for NGO

Need for exclusive domain extension “.ngo” Most of the NGO using .org extension for their website. However .org by comparison is an open address. Anybody, an individual, a not-for-profit, even a commercial organization, can register in .org, and there’s no requirement—it’s open. Because of this, urgent need emerge to have separate and exclusive domain for […]

What you should check before Submitting FC-6?

FCRA Annual Return Every NGO, registered under Foreign Contribution Regulation Act (FCRA), must have to file FCRA Annual Return under FC-6 form every before 31st December. You can check how to file FC-6 form here. When you are filling FC-6 return online, there are less chances of mismatch of figures like grants, expenses and closing […]

Trust Assest use by Trustee

Can Trust Assets used by Trustee? Trustees can not used Trust Assets for purpose other than official. Mostly Car, mobile phones, Air Conditions other furniture etc.. if used by Trustee or other related party, trust must have collect the hire charges for that. One of the coolest incident i have read is as follow : […]

Do you show Disclosure of Related Party Payments ?

Disclosure of Related Party Payments As per Accounting Standard 18, issued by Institute of Chartered Accountants of India, business entity has to show disclosure of Related Party Payments. This Accounting Standard is applicable from 1st April 2001. You can read full Text of AS 18 here. NGO and Accounting Standard 18 AS 18 is also […]

NGO Regulatory Authority in india

In India, Non Government Organization or Non Profit Organization can be registered under any legal entity. Mainly following entities are prevails in India – Proprietary Concern Partnership Firm HUF Company Association of Persons, which includes – Trust, Society, Union, Institute etc… NGO Regulatory Authority in India For NGO or NPO, mainly three separate entity status […]

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