Newsletter

PATTIC Forum: Surplus Limits, FC-4 & More Key Discussions

Here are some of the latest and most helpful discussions from the Forum this week: * Understanding Rule 5 and Project Wise Reporting in FC-4: Rule 5 defines Administrative expense out of FC utilization during a financial year for adhering to the 20% ceiling. The 20% ceiling is on FC receipts

Missed the PATTIC Webinar? We took notes for you

Thank you to the 75+ people who joined us on 11th June! If you missed it — or just want a quick recap — we’ve put together the key highlights along with the session recordings and presentation slides from the session. What is PATTIC? Shemeer from aikyam fellows introduced PATTIC — the

Latest on FCRA, EPF & Asset Management

Here's your latest dose of insights from the PATTIC forum! We've highlighted some recent questions from the community that might be useful for your organization. * How to make EPF payment when salary is split between FC and Local funds? While two EPF challans for a particular

Key Compliance Updates & June Filings for Your NGO

Important Compliance Updates 1. Timeline Extension for Filing ITR (AY 2025-26)  A representation has been made to the Ministry of Finance requesting an extension for filing Income Tax Returns for individuals and entities not requiring an audit. You can follow this discussion for potential updates. Read the update here 2.

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