There can be 2 kinds of contribution from the foreign source, i.e. one time or anticipated more than once and even regularly. For any one time contribution the NGOs can get the amount by looking for prior approval of the FCRA Area of the Ministry of House Affairs, Government of India; whereas for several and regular contributions of the foreign source it is advisable to look for permanent registration from the said Ministry.
For this purpose an application is to be made by the NGO, which ought to be in working for a minimum of three years after its due registration, to the Secretary to the Government of India, ministry of House Affairs, 26 Mansingh Roadway, New Delhi Ã¢EUR" 110003 in the prescribed Type FC-8 together with the preferred enclosures (Certificate of Registration, Memorandum and Rules or the Depend on Deed or any other proof of registration, audited monetary statement and activity report of the least 3 years, and if possible letter of the prospective donor.
The Ministry sends out the accepted application to regional intelligence people for confirmation of the credentials and records of the company. On their positive remarks, the FCRA Area of the Ministry problems the Certification of Registration to the candidate company.
It is necessary to get foreign contribution only in one designated bank account. The applicant company must open a fresh bank account with the intention to run it for such funds and mention it in the application. The said Ministry will straight inform the concerned bank to keep watch on using the foreign contribution and report back to the Ministry in case of any inconsistency.
visit here : https://www.fcra.co.in