TMI BlogNGO - Receipt of Foreign DonationsX X X X Extracts X X X X X X X X Extracts X X X X ..... NGO HAS GOT PERMISSION FROM MHA TO RECEIVE FOREIGN DONATIONS, AND HAS OPENED A/C WITH ICICI BANK TO RECEIVE FOREIGN DONATIONS. BUT NOW BANKS IN U.K. AND CANADA ARE NOT RECEIVING FUNDS AND SAYING NO FU ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... NDS CAN BE TRANSFERED TO NGO IN INDIA.ONLY FUNDS TO INDIVIDUAL A/C CAN BE TRANSFERRED. IS THIS VERSION OF FOREIGN BANKS CORRECT. - Reply By GOPALJI AGRAWAL - The Reply = The reason from the denying b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ankers must be seeked. - Reply By Surender Gupta - The Reply = You must know first that why foreign banks are denying the remittance to India. Is there any restriction under the respective laws of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ose countries - Reply By Sunil Kumar - The Reply = There is no such restriction wrt transfer of funds to NGO under FCRA. Many of my clients are still receiving foreign grants. There is no issue wrt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... individual vs NGO. Still exact reason should be obtained from foreign donor. - NGO - Receipt of Foreign Donations - Query Started By: - satbir singh wahi Dated:- 2-6-2010 FEMA - Foreign Exchange Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagement - Got 3 Replies - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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