Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Khusrupur. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants realize to something for our society. We will have the funds for you all important recommendation about Trust Registration in this article in brief. We will also incite you in documents preparation for daily issue of the Trusts.
Trust Registration In Khusrupur
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 marketing of public welfare. Trust are made for providing social welfare works subsequent to women empowerment, Girls educations, education for anything peoples, providing safety plus to Animals, Setting in the works of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by endowment of trust skill non judicial stamp paper (in Bihar stamp faithfulness is differs from new states). In Trust registration minimum 3 members is required at a times of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main proclaim in Trust Formation. All morning to day commotion 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 unlimited by this act. Trustees is lonesome worker of trust, Trust is legitimate entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the relief of society.
- Providing help in claiming exemption below income tax.
- For the Welfare of the heir and his relatives member
- For CSR undertakings 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 proceed payment.
- Registration made once sub registrar office where the registered office of trust is situated.
- All members present during the registration once his documents and two witnesses.
- After 3 or 4 keen days registered Trust skill is collected from sub registrar office.
Can we pull off Trust Registration online?
Till now Trust registration is thoroughly based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your all documents we will prepared trust Deed and later one day all members are coming to sub registrar office. You can pay us online .