FOREIGN CONTRIBUTION (REGULATION) AMENDMENT RULES, 2015 The Central Government made some amendments in the Foreign Contribution (Regulation) Rules 2011 and introduced the Foreign Contribution (Regulation) Amendment Rules, 2015 vide Notification dated 14.12.2015 Here we are referring to the amendment in Rule 13 “Declaration of Receipts of Foreign Contribution” I. ANNUAL UPLOADING OF STATEMENT OF ACCOUNTS, Rule 13 clause (a) The organizations who : – Ø are registered under the Foreign Contribution (Regulation) Act, 1976/ 2010; o or Ø granted prior permission to receive foreign contribution under the Foreign Contribution (Regulation) Act, 1976/ 2010 shall have to upload the audited statement of accounts on receipts and utilization of the foreign contribution as mentioned below :- » Income and Expenditure Statement, » Receipts and Payment Account and » Balance Sheet for every year beginning on the first day of April within nine months of the closure of the financial year on its official website or on the website as specified by the Central Government. II. QUARTERLY REPORTING OF RECEIPTS, Rule 13 clause (b) Any organization receiving foreign contribution in a quarter of the Financial Year i.e. :- Quarter 1- April to June Quarter 2- July to September Quarter 3- October to December Quarter 4- January to March Shall have to upload the details of foreign contribution received on its official website or on the website as specified by the Central Government within fifteen days following the last day of the quarter in which it has been received clearly indicating the details of donors, amount received and date of receipt as mentioned in the below format:- Name of Donor Complete Postal Address Country of Donor Amount Received Date of Receipt For any query please get back over mail. Regards Team S.Sahoo & Co. -- S. Sahoo & Co. (Chartered Accountants) 107, Laxman Singh Complex - I Munirka, New Delhi 110067 (T) 011-02619 12 52,41090039 visit us at www.ssahoo.com http://sahooshares.blogspot.in/