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Tuesday, April 18, 2017

Display FCRA Accounts on Your Web-site...

In Dec-15, the Government changed several FCRA rules. One of these asks FCRA NGOs to upload their annual audited FCRA accounts on their own web-site. This should be done within nine months of end of financial year. For most NGOs, this would mean 31st December. The provision applies to your audited accounts from FY 2014-15 onward.

Earlier this rule applied only to NGOs getting Rs. 1 crore or more in a year. Now it applies to every NGO which has FCRA registration or prior-permission.

Is it okay if you upload the main accounts, including FC and non-FC? That is your choice. However, you must also separately upload your FCRA Balance Sheet, FCRA Receipts & Payments Account, and the FCRA Income & Expenditure Account. Not doing so can lead to problems.

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