Skip to content

Finin2min Part 2

FCRA Bank-account and Utilisation Controls

Searchable publication index for FCRA Bank-account and Utilisation Controls.

16 pages

Designated FCRA receipt account at SBI New Delhi Main Branch

Related-party payments and conflict controls

Foreign contribution transfer prohibition

Expired/suspended/cancelled registration bank freeze controls

FC-4 bank statements and CA certification

Six-year record retention

Suspicious transaction and sanctions escalation

Donation receipt, 80G and FCRA reconciliation

Another FCRA account for transfer from designated account

Utilisation accounts and prohibition on local receipts

Daily bank reconciliation and donor-source tagging

Interest and refund classification

TDS/GST refunds attributable to foreign contribution

Project-wise and location-wise utilisation ledger

Administrative expense cap and allocation

Asset acquisition and disposal from foreign contribution