17:03

Ep. 07 Nov 26, 2024

Social Security Laws for NGOs

In this episode, we explore the key social security laws in India and their relevance to NGOs and their employees. Tune in as we discuss: Important social security schemes applicable to NGO staff. Compliance requirements under laws like EPF, ESI, and gratuity provisions. How NGOs can ensure fair treatment and financial security for their workforce. Practical tips for navigating social security obligations.

27:58

Ep. 06 Nov 26, 2024

Risks & Controls for NGOs

In this episode, we explore the critical aspects of risk management and control mechanisms tailored for NGOs. Learn how to safeguard your organisation while achieving impact-driven goals. Key highlights include: Understanding common risks NGOs face, from financial to reputational challenges. Implementing effective internal controls to ensure compliance and transparency. Best practices for mitigating risks and strengthening organisational resilience.

26:28

Ep. 05 Nov 26, 2024

Fund Accounting, Costs, Budget & Grant Management

This episode takes you into the world of fund accounting, costs, budgets, and grant management – essential for NGOs and non-profits aiming for financial efficiency and compliance. Here’s what we cover: Fund Accounting Basics: Different income types and the key aspects of grants. Grant Management: Best practices for managing grants, including reporting and compliance. Cost and Budget Planning: How to prepare effective budgets, track costs, and ensure accountability.

20:12

Ep. 04 Nov 25, 2024

FCRA & FCRR for NGOs

In this episode, we dive into the intricacies of the Foreign Contribution (Regulation) Act (FCRA) – India’s key law governing the acceptance and use of foreign donations and hospitality. We explore: What counts as a foreign contribution and who can receive it. The difference between prohibited, regulated, and exempt entities. Key requirements for organizations, including FCRA registration and reporting. Significant amendments, like the SBI account mandate and reduced administrative expense cap.

19:15

Ep. 03 Nov 25, 2024

CSR Law for NGOs

In this episode, we unravel the Corporate Social Responsibility (CSR) laws in India and what they mean for NGOs and companies alike. We cover: The criteria for companies to qualify under CSR mandates. Key roles of the CSR committee and the company’s Board in planning and implementing CSR initiatives. Eligible activities under Schedule VII, from education and environmental sustainability to heritage preservation. How NGOs can collaborate with corporates to implement impactful CSR projects.

13:14

Ep. 02 Nov 24, 2024

Code of Taxation for NGOs (Part II)

In this episode, we continue our exploration of taxation for NGOs, delving into advanced topics and practical strategies for effective tax management. Here’s what we discuss: Navigating tax exemptions under specific provisions of the Income Tax Act. Tax compliance requirements for donations and grants. Reporting obligations and how to avoid common tax-related errors. Strategies for maximizing tax benefits while staying compliant.

19:28

Ep. 01 Nov 24, 2024

Code of Taxation for NGOs (Part I)

In this episode, we dive into the Code of Taxation for NGOs, breaking down the critical aspects of managing taxes in the non-profit sector. Join us as we cover: Tax exemptions available to NGOs and the eligibility criteria. Key provisions under the Income Tax Act for charitable organizations. Common pitfalls and best practices to ensure compliance. How proper tax management can enhance an NGO’s credibility and operations.