Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Belchi. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants complete to something for our society. We will find the grant for you all important suggestion about Trust Registration in this article in brief. We will also support you in documents preparation for daily issue of the Trusts.
Trust Registration In Belchi
Trust is registered as per provisions of Indian Trust Act, 1882. Indian Trust Act, 1882 provides Trust is classified into two types.
- Private trust in which beneficiaries is individuals or families.
- Public Trust in which heir is large number of usual public.
In Trust anything profits is used to publicity of public welfare. Trust are made for providing social welfare works later women empowerment, Girls educations, education for anything peoples, providing safety help to Animals, Setting stirring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by achievement of trust skill non judicial stamp paper (in Bihar stamp faithfulness is differs from further states). In Trust registration minimum 3 members is required at a get older of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main broadcast in Trust Formation. All hours of daylight to day argument of trusts is runs by the President of Trust. All assets of Trust are property of Trust not its members. In Trust Registration no limit for the members is conclusive by this act. Trustees is abandoned worker of trust, Trust is authentic entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the relieve of society.
- Providing improvement in claiming exemption below income tax.
- For the Welfare of the beneficiary and his family member
- For CSR goings-on of companies
- Donations from Governments and new publics.
- Limited liability of Members
- Flexibility in distribution of improvement among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration proceed payment.
- Registration made following sub registrar office where the registered office of trust is situated.
- All members gift during the registration later than his documents and two witnesses.
- After 3 or 4 committed days registered Trust endowment is collected from sub registrar office.
Can we accomplish Trust Registration online?
Till now Trust registration is abundantly based on offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your anything documents we will prepared trust Deed and later one day whatever members are coming to sub registrar office. You can pay us online .