Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy facilities in Jamtara. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants pull off to something for our society. We will meet the expense of you all important counsel about Trust Registration in this article in brief. We will also back up you in documents preparation for daily concern of the Trusts.
Trust Registration In Jamtara
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 anything profits is used to publicity of public welfare. Trust are made for providing social welfare works taking into account women empowerment, Girls educations, education for everything peoples, providing safety improvement to Animals, Setting happening of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by endowment of trust talent non judicial stamp paper (in Bihar stamp adherence is differs from additional states). In Trust registration minimum 3 members is required at a mature of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main read out in Trust Formation. All hours of daylight to day activity 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 given 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 give support to of society.
- Providing improvement in claiming exemption under income tax.
- For the Welfare of the beneficiary and his relations member
- For CSR happenings of companies
- Donations from Governments and new publics.
- Limited answerability of Members
- Flexibility in distribution of help among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration progress payment.
- Registration made taking into consideration sub registrar office where the registered office of trust is situated.
- All members present during the registration in the tune of his documents and two witnesses.
- After 3 or 4 full of zip days registered Trust ability is collected from sub registrar office.
Can we pull off Trust Registration online?
Till now Trust registration is sufficiently based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your whatever documents we will prepared trust Deed and subsequently one day whatever members are coming to sub registrar office. You can pay us online .