Legal Status of the NGO in India – SERUDS:

• SERUDS is registered under the Andhra Pradesh Public Societies Registration Act, XXXV of 2001 (Reg.No.264 of 2003 dated 21^st April 2003).
• SERUDS is registered U/s.12AA of Income Tax Act, 1961 vides F.No. DIT(E)/HYD/12A & 80G/47(11)/06-07, dated.01-03-2007
• SERUDS is registered U/s 80G(5)(vi) of Income Tax Act 1961, vides F.No.DIT(E)/HYD/80G/1(08)/10-11, dated.20.01.2011 valid from 01.04.2010
• SERUDS is registered under section 6(1) (a) of the Foreign Contribution (Regulation) Act, 1976 (FCRA Reg.No. 010270206).
• PAN (PERMANENT ACCOUNT NUMBER): AAFTS8988J
• GiveIndia Certified NGO
• Member of CredibilityAlliance
• Verified NGO of VANIINDIA
• Samhita verified NGO
• GuidestarIndiaCertified NGO
• Certified Charity of Global Giving

All online / offline donations to ngo SERUDS are exempt
from tax under Section 80G of the Income Tax Act, 1961

Member of Credibility Alliance:

SERUDS NGO gains Credibility It is a matter of honor that SERUDS is a certified member of Credibility Alliance, a consortium of voluntary organizations and networks, which has come together to enhance good governance in the voluntary sector. With literally tens of thousands of NGOs existing and each claiming to be doing good work, it becomes difficult for the lay person to differentiate the professional ones from the others. This is a point of importance to both individuals and organizations as they feel they should do something by which society would benefit. Not having the time or the expertise to contribute where it will have the maximum positive impact, they turn to an NGO. Then they wish there was some way of easily assessing them. This is where the credibility certificate plays a useful role. One organization that is involved in according such a certificate on NGOs is the Credibility Alliance. TheAlliancehas a set of norms which any NGO has to fulfill before being declared credible. Once a NGO / Nonprofit gets the credibility certificate, it benefits both the NGO and the donors. The NGO benefits as the certificate of credibility sends strong signals to the potential donors that it has been screened by a professional organization and is doing good work. The donors also benefit as they are short on time and it saves them the effort of doing their own diligence of different NGO organizations. Most lay persons would find it difficult to know what to look for while doing this diligence. Instead, they have the comfort of knowing that the screening has been done for them. What norms does the Credibility Alliance use to determine whether an NGO is credible or not? They include the following elements:

Identity, Vision, Aims & Objectives and Achievements, Governance, Operations, Accountability and Transparency. It is mandatory for all members of theAllianceto comply with the Minimum Norms or give an undertaking that they will comply with all the Norms within a year. After due study of SERUDS, theAlliancefound that SERUDS qualified under all the Norms it had set forth. SERUDS currently holds the certificate from the Allianace which reads in part as: SERUDS adheres to the norms prescribed for good governance of voluntary organizations and is admitted to the membership of Credibility Alliance. This certification assures that all donations made to SERUDS will be utilized well and all donors will know how their contribution has made a difference. We have had many benefits as a result of this certification. For instance, Give India has a list that reads as "carefully screened NGOs or NGOs chosen after due diligence was done" and SERUDS is placed under this category. Because of this, a number of individuals and organizations have approached us as donors.

NAME & ADDRESS OF MAIN BANKERS:

Cheques / DD in favour of “SERUDS”

Non-FCRA Bank Accounts:

FCRA Bank Accounts:

NAME & ADDRESS OF AUDITORS:

Mr.K.Raghuveer Singh, Chartered Accountant, 41-473-N,

Opp:Dist.Court,Kurnool-518 004,Andhra Pradesh,India