Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Bhadaur. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants attain to something for our society. We will have enough money you all important guidance about Trust Registration in this article in brief. We will also put occurring to you in documents preparation for daily thing of the Trusts.
Trust Registration In Bhadaur
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 beneficiary is large number of usual public.
In Trust whatever profits is used to marketing of public welfare. Trust are made for providing social welfare works next women empowerment, Girls educations, education for whatever peoples, providing safety gain to Animals, Setting occurring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by triumph of trust capability non judicial stamp paper (in Bihar stamp faithfulness is differs from other states). In Trust registration minimum 3 members is required at a epoch of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main reveal in Trust Formation. All morning to day objection 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 resolution by this act. Trustees is and no-one else worker of trust, Trust is authenticated entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the further of society.
- Providing gain in claiming exemption under income tax.
- For the Welfare of the heir and his relations member
- For CSR endeavors of companies
- Donations from Governments and new publics.
- Limited answerability of Members
- Flexibility in distribution of lead among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration increase payment.
- Registration made in imitation of sub registrar office where the registered office of trust is situated.
- All members present during the registration considering his documents and two witnesses.
- After 3 or 4 practicing days registered Trust achievement is collected from sub registrar office.
Can we realize Trust Registration online?
Till now Trust registration is fully based upon 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 .