RBI APPROVAL FOR OUR TRUST TO MAKE INVESTMENT

[Asked by Guest]

DERA SIR

WE HAVE EDUCATIONAL INSTITUTIONS.WE HAVE PUBLIC TRUST.SOME COMPANIES ARE READY TO DONATE TO OUR TRUST,DONORS ARE INI INDIA AND OUTSIDE INDIAN COMPANIES.AND WE FILED FCRA THRU HOME AFFAIRS.HOW TO GET FAST FCRA REGISTRATION FILED ONLINE .PLAS HELP ME ON THIS MATTER.AND HOW TO GET RBI APPROVAL?

THNKS N REGARDS

ASHOK

 

AI Summary

FCRA registration: approval involves initial review and deficiency responses; RBI approval for foreign remittances is generally not required.
The trust should secure FCRA registration from the Ministry of Home Affairs, which involves an initial review and possible deficiency notices requiring response; the ministry commonly requires trusts to have existed for a minimum prior period, and separate RBI approval for receipt of foreign donations is generally not required.