Regulatory Framework and Statutory Laws for NPOs: Part 2

FCRA (Foreign Contribution Regulation Act)

Key Concepts

Person Includes: individual, HUF, association, Sec 8 company

Conditions to receive FC:

Foreign Source Includes:

FCRA Architecture

2020 Amendments Highlights

FC Examples

Other Notes

CSR Law (Section 135, Companies Act 2013)

Applicability

Key CSR Responsibilities

Unspent CSR Amount

Penalties

Schedule VII Activities Include

CSR Rules 2021

Administration

CSR Committee (if spend > ₹50 Lakh)

Reporting

Surplus from CSR Projects

Capital Asset Creation with CSR Funds

Impact Assessment

Social Security Laws for NPOs

EPF (Employees’ Provident Fund)

ESI (Employee State Insurance)

Gratuity (Payment of Gratuity Act 1972)

Maternity Benefit Act

Minimum Wages Act

Professional Tax

Shops & Establishment Act

Budgeting Tip

Example: ₹8,000 salary → budget ₹9,685/month


Revision #1
Created 25 April 2025 04:58:23 by Pooja
Updated 25 April 2025 05:00:04 by Pooja