Financial Management and Legal Affairs for Non-Profit Organisations In India

This book briefly describes about Societies, Trusts & Section 8 Companies which are the primary forms of Non-Profit Organisations. It also explains the concepts of accounts management, framework of financial management guideline, applicable Income Tax and FCRA Acts, Rules and amendments thereon. The book demystifies financial management and legal aspects applicable to NPOs with practical insights, which will help finance professionals in non-profit sector to adequately adhere to the statutes as well as effective management of the organizational finances. The suggested guideline of Financial Management Manual will help the Non-Profit Organizations to prepare their own operational financial management manual taking guidance from this section.