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Financial Management Service Foundation

All registered NPOs are a distinct legal entity and therefore, an artificial person. NPOs in India are accountable to the laws under which they are enacted and avail subsequent registration. Some of such statuses in India are:

Societies Registration Act, 1860 (along with the state enactment)
The Companies Act, 1956 (for Section 8 company)
Income Tax Act, 1961
Foreign Contribution Regulation Act, 2010
Other statutes as and when applicable

For more information, please visit our website:
- www.legalissuesforngos.org
- www.incometaxforngos.org
- www.fcraforngos.org
- www.socialaccountability.org

Our Approach

with the objective to promote greater accountability standards in the sector, FMSF through its interventions ensures that legal compliances are met.

We are involved in:
Trainings & Workshops
Compliance Review
CSR Compliances
Legal hepline
SMS Alert
Information Dissemination through Standard & Norms
Publications

Trainings and Workshops

FMSF launched the nationwide outreach initiative in the form of FCRA Clinics for Voluntary Organizations. This was a joint initiative of Financial Management Service Foundation (FMSF), CPA Services Pvt. Ltd, Voluntary Action Network of India (VANI), Credibility Alliance and Centre for Advancement of Philanthropy(CAP). The first phase of this nationwide initiative has been successfully completed and targeted 16 key cities in India in a span of 2 months with an overwhelming response by approx. 1097 participants.

Watch out this space for more information on the upcoming workshop.
                                                                                                                                                                                                                                                                                     

Compliance Review

We help in reviewing the status of legal compliances of NPOs to ensure that the requirements of the law of the land are followed. This is primarily done in the area of the Foreign Contribution Regulation Act (FCRA) and Income Tax. Over the years, we have provided our services to various agencies to review their existing governance structure.

Please contact us for more details.

                                                                                                                                                                                                                                                                                     

CSR Compliance

With the Corporate Social Responsibility (CSR) law becoming effective from 1st April, 2014, the role and contribution of the corporates has become even more important in the development sector.

In this direction, FMSF provides its services to the corporate for:

Establishing corporate foundations
Identifying potential NPO partners
Due diligence of the potential partners

Please contact us for more details.

                                                                                                                                                                                                                                                                                     

Legal Helpline

FMSF has been successfully running the legal helpline for NGOs. NPOs/Individuals with any legal query can reach us through phone or email.

Helpline number: +91 9560645050

Email : fmsf@fmsfindia.org

                                                                                                                                                                                                                                                                                     

SMS Alert

FMSF has launched the SMS alert in phone on legal issues for NGOs. If you are interested to receive legal and other updates through SMS, please send you mobile number with a request to fmsf@fmsfindia.org

                                                                                                                                                                                                                                                                                     

Information Dissemination through Standard & Norms

The Standard & Norms is our monthly e-communique which aims to provide relevant information and guidance on NGO governance, Financial Management and Legal Regulations.

Click here to view the published issues
                                                                                                                                                                                                                                                                                     

Publications

We recommend our latest publications.

'NPO Governance and laws in South Asia', a well-researched handbook that explains the various key governance and management related issues pertaining to NPOs in South Asia. Click here to know more.

'Comprehensive Commentaries on FCRA 2010',is an extensively researched book of more than 400 pages This book provides comprehensive commentaries on the Foreign Contribution (Regulation) Act, 2010 and Foreign Contribution (Regulation) Rules, 2011. It covers all possible controversies and critical issues of FCRA. It is in a layman's language for easy dissemination. Click here to know more.