Source: News Bharati English12 Jan 2017 12:30:03
Mumbai, January 12: In order to scrutinize the misuse of foreign funding by non government organizations (NGOs). Today Home Ministry announced that all the NGOs who receive foreign fund donations must file their account details online. If not then they will be subjected to face the penal action.
The Home Ministry has also stopped submission of hard copies of such returns by NGOs and from now onwards will accept only the details filed online. The Home Ministry said "All persons who are either registered or have been granted prior permission to receive foreign contribution, are once again advised to file their annual return for the financial year 2014-15 onwards online and it is informed that hard copy, if received, will not be accepted and treated as 'not received’,” in a statement.
"All such persons will be liable for consequential penal action under the Foreign Contribution Regulation Act, 2010 and rules made there under," it added.
The money of common man should not go unaccounted and misused hence the court decided to make it compulsory to file account details online. Only digitally signed and scanned copies of income and expenditure statement, receipt and payment account and balance sheet for every financial year.
The Home Ministry said many people have submitted hard copy of the returns pertaining to financial years 2014-15 and 2015-16 "which have not been accepted and treated as if not received". On Tuesday faced some questions from the Supreme Court for failing to evolve a regulatory mechanism to monitor thousands of crore worth of funds of over 32 lakh NGOs, societies and voluntary organisations.