The Indian social sector currently lacks aholistic regulatory framework. The legislative regime for this sector comprisesof numerous laws, most of which operate in isolation. The social eco-systemincludes multiple stakeholders such as foreign/domestic non-profits,multilateral/bilateral organizations, & corporates, and each stakeholder isgoverned by a different regulation. Players need to be aware of all the lawsthat apply to them to avoid any conflict or dispute with the authorities.

We at ThinkCap offer a range of non-profit consulting services to assist our clients in steering through the above regulatory maze so clients can concentrate on continuing their good work. Our team of non-profit consulting professionals from various domains come together to provide a comprehensive solution for clients needs.

Our Key Non-Profit Consulting Services

• Functional Regulations - Trust Acts, Society Acts and Companies Act, 2013
• Foreign Exchange Management Act, 1999 including office set up by foreign organisations in India and funding aspects such as External Commercial Borrowings (ECB)
• Foreign Contribution (Regulation) Act, 2010 (FCRA) covering receipt and utilization of foreign funds)
• Income Tax Act, 1961 involving taxation of charities/social enterprises
• Goods & Service Tax (GST), customs and other indirect taxes
• Labour laws such as Provident Fund, Gratuity, Employee State Insurance etc. covering employee related matters
• SEBI (Alternate Investment Fund) Regulations, 2012 for AIF set up and operations, to garner local funding for social initiatives