Daily News
- Banking News
- IT News
- Insurance News - BPO News - Market News
Banking
- Overview
- Basics
- Products
- Articles
- Policies
- More
Technology
- Overview
- Major IT Cos
- Banking Software
- Features
- More
More sections
- Finance
- BPO
- Insurance
- Jobs
- NRIs
- Banker's Club
- Business Humour
- Lifestyle
Daily Rates
- Rupee Spot Rates
- Lending Rates
- Stock markets
- Converter
Best Selling Books
- Business Guide to India
- NRI's Handbook
- Report on BPO
- Whitepaper on Banking Systems
|
Click Here To Return To Daily News Click For Other Top Stories
In view of the severe Tsunami that affected coastal areas in Andaman & Nicobar islands, Andhra Pradesh, Tamilnadu, Pondicherry and Kerala, Central Government, Ministry of Home Affairs have exempted, with immediate effect and upto 31st March 2005 all associations (other than a political party) having a definite cultural , economic, educational , religious or social programme, to accept foreign contribution, in cash and kind, for providing relief to the Tsunami victims without obtaining formal approval of the Central Government, subject to the following conditions :-
(a) Each such association would open a new bank account for this purpose;
(b) The said account would be designated as the 'Tsunami Relief Account";
(c) The association would receive foreign contribution only in the said designated bank account;
(d) The association would maintain a separate set of accounts and records in respect of the foreign contribution received in the said designated bank account;
(e) The association would submit its particulars in Form FC-IA to the Foreigners Division of the Ministry of Home Affairs within one week of the opening of the said designated bank accounts;
(f) The association would make an intimation regarding receipt of foreign contribution in form FC-3 and in form FC-6 in respect of articles, duly certified by a Chartered Accountant, within 4 months of the closure of the year to the Foreigners Division of the Ministry of Home Affairs in the manner prescribed in the Foreign Contribution (Regulation) Rules, 1976.
Donate to Tsunami victims
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|