Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy facilities in Lohardaga. 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 come taking place with the child maintenance for you everything important guidance about Trust Registration in this article in brief. We will also assist you in documents preparation for daily situation of the Trusts.
Trust Registration In Lohardaga
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 receiver is large number of normal public.
In Trust all profits is used to marketing of public welfare. Trust are made for providing social welfare works once women empowerment, Girls educations, education for all peoples, providing safety help to Animals, Setting taking place of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by execution of trust skill non judicial stamp paper (in Bihar stamp faithfulness is differs from extra states). In Trust registration minimum 3 members is required at a become old of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main make known in Trust Formation. All hours of daylight to day upheaval 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 truth by this act. Trustees is deserted worker of trust, Trust is authenticated entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the further of society.
- Providing help in claiming exemption under income tax.
- For the Welfare of the receiver and his intimates member
- For CSR undertakings of companies
- Donations from Governments and extra publics.
- Limited responsibility of Members
- Flexibility in distribution of improvement among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration fee payment.
- Registration made with sub registrar office where the registered office of trust is situated.
- All members present during the registration bearing in mind his documents and two witnesses.
- After 3 or 4 vigorous days registered Trust realization is collected from sub registrar office.
Can we complete Trust Registration online?
Till now Trust registration is fully based on 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 .