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Donation (General)

by niranjanfunding, Friday, January 04, 2019, 10:51 AM (2003 days ago) @ Capitalmanagers

We are getting mail's regarding HSBC trust account, so we like to clear all myths and fact's.

No Indian Ngo, temple ngo or any ngo can take any donation from abroad, they can only take it in abroad accounts then can transfer to their Indian accounts or book's.

any NGO which has a valid FCRA account can take donations from any entity from anywhere in the world. >

More 6000 FCRA were blocked by government of India since April 2018 and all most many funds were blocked as well.

there are many more trusts having fcra permissions. problem is with trusts who were formed by people trying to make money. >

For more clarity visit Ministry of Home Affairs if you links there, you will get everything.

Only private and limited companies in india can take funds from foreign companies or Trust- Ngo.

any company wanting to take funds from abroad has to go through a complex process of permissions from various authorities while they are taking funds for business. in fact getting a donation for an fcra trust is by far the simplest method of bringing funds to india. >

Now let's come to temple trust, temple trust can take donation from individual's with limited amount. We have many known temple Trust accounts as well but no funds can taken from abroad and if taken then cannot been taken easily by the account or can transfer.

temple trusts having 80G can take any amount from anyone in india. no restrictions. as explained above the temple trust must have a fcra permission to take funds from abroad. >

For more information have a visit to ISKCON trust members or officials, you will understand everything.

This is why media is playing with media without any knowledge and wasting their time and money as well.

Knowledge of work is very important, you are educated or know English or have money in pocket doesn't matter but what matter is knowledge of work that what can be done and cannot be done.

managerscapital@gmail.com

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