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ASSET CONTROL NGOS
MHA notifies FCRA rules defining religious activities, tightens complianceNew rules from the Home Ministry now define what qualifies as religious activity for foreign-funded organizations in India. The updated fra...- I-T department to move Supreme Court against HC relief in public trust rowThe rift stems from the Income-tax department's demand that deeds of these religious and charitable trusts must categorically state that th...
- Quadria, PE funds eye stake in Samarth Lifesciences; deal may value firm at Rs 4,500 croreQuadria Capital is eyeing a strategic acquisition of a majority interest in Samarth Lifesciences, a move that could value the transaction a...
- NGOs lose foreign donation nod for failing to use fundsThe Indian government is taking action against non-profits holding unused foreign funds. Registrations are being cancelled for organization...
- FCRA amendment bill introduced in Lok SabhaA bill to amend the Foreign Contribution (Regulation) Act was introduced in Lok Sabha, aiming to enhance transparency in foreign fund utili...
- What is the FCRA Amendment Bill? Government proposes new authority to take over assets of NGOs that lose licenceThe Indian government has introduced a new bill in Lok Sabha to strengthen regulations on foreign-funded organizations. The Foreign Contrib...
- Cabinet clears FCRA amendment bill: Govt to take control of assets of NGOs with cancelled licencesThe Union Cabinet has approved a bill to amend the Foreign Contribution (Regulation) Act, 2010, to better safeguard national interest. The ...
- Govt sends notices to wake up 'inactive' NGOsNon-profits face potential FCRA registration cancellation for inactivity since 2021, with the MHA invoking a rarely used law. Notices cite ...
- UN wants $5 bn aid for Afghanistan in 2022 to avert humanitarian crisisSince the Taliban hardline Islamist movement seized control of Afghanistan in mid-August, the country has plunged into financial chaos, wit...
- Taliban deputy PM calls for aid without 'political bias'The Taliban appealed on Friday for emergency humanitarian aid without "political bias", saying recent snow and flooding had worsened the pl...
- What leverage do US, allies have over Taliban in Afghanistan?Washington is under pressure from some humanitarian groups, Afghan central bank officials and foreign governments, including Russia, to eas...
- ‘Capitalism faces planetary & social risks today - it must be reimagined to strengthen itself’There are also business opportunities in solving these problems — Elon Musk’s Tesla is one example, but many firms are building business mo...
- India benefitted from globalization: Abhijit Vinayak BanerjeeSpeaking virtually at an event organised by Bandhan- Konnagar, a Bengal-based NGO, Banerjee said that risks associated with globalization c...
- Global insurers exit $8.9 trillion coal-based investmentsCoal exit policies were announced by 18 of the world’s biggest insurers controlling more than 46% of the reinsurance market and in excess o...
- View: Charitable trusts shouldn't control big biz housesTrusts must be prohibited from holding more than 1% of the shares of any for-profit company or Rs 5 crore, whichever is more.
- Food Bill, FDI in retail, NPS: UPA's litany of policy errors raises fears of License RajThe UPA government, battered by scandals and accusations of policy paralysis, has often struggled to fashion a response.
- ET in the Classroom: Self-help groupA self-help group is for the people, of the people and by the people, who save and contribute to a common fund which is used to lend to the...
- How top 3 Microfinance cos raised funds in the name of poor?An ET investigation shows 45,000 women who were shareholders in the country’s top three microfinance companies have missed out on the benef...
- Coming soon: New accounting norms for NGOsThe government is set to frame new accounting norms for non-governmental organisations (NGOs), as it looks to remove the veil over the flow...
- Properties form major chunk of savings in IndiaIndia may be among the largest savers in the world with a savings rate of over 30% of GDP and households accounting for a large chunk of th...
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