Trust or Society is a form of NGO (Non-Government Organization) that works for the welfare of art/religion/cultural heritage for underprivileged and backward class. These units do not operate to gain any commercial profits. To begin your venture in these forms of NGOs, firstly you should fulfil the desired Registration eligibility. It’ll be faster and easier for you to complete the process when you avail our Trust/Society Registration Package. We’re known for providing the genuine service in this are since a long time. Go through its details and know how it works THE BEST.
Apart from aiming for commercial success, if an enterprise is formed by a person/group of people for the purpose of
motivation, development and welfare without looking for profit, formation of Non-Government Organizations (NGO) is
an option for them to contribute to the society and our country. In India, NGOs work to attain a number of noble
causes, such as:
Arts, Culture and Humanities
Mental Health, Substance Abuse
Diseases, Disorders and Medical Discipline
Crime and Legal
Food, Agriculture and Nutrition
Public Safety, Disaster Services
Recreation and Sports
National, National Affairs and National Security
Civil Rights, Social Actions and Advocacy
Science and Technology
Public, Society Benefits
Old Age Welfare Programmes
Women Welfare Programmes
Skill Development and Livelihood Programmes for Women
Person with Disability/Physically Challenged Persons Welfare Programmes
Mutual, Membership Benefit
Other Social Welfare Programmes
Since, NGOs do not work for gaining any profit and their mission is to utilise their fund and resources to achieve
certain welfare/development, they are called as Non-Profit Organizations (NPOs).
As per World Bank, NPOs are defined as ‘Private Organizations that pursue activities to relieve suffering, promote
the interest of poor, protect the environment, provide basic social services or undertake community development.’
Note : In India, several NGOs are working for the above stated purposes that are either registered or
NGO TRUST - REGISTRATION PROCEDURE
NGO TRUST - ITS PURPOSE
A Trust can be formed by at least two trustees, where members of family (one or more)
can also be included (although in some cases, Government Ministries of India/Department and Funding Agencies can
refuse funding a trust consisted of same family members). It is formed with a welfare/religious purpose and can
operate throughout India. Trust is formed with a sanction of Trust Deed, an advisory element for functioning/operating
the trust for the reason it has been established.
NGO TRUST FORMATION AND FEATURES
Types of Trusts: Public (built with common public for general welfare) or Private
(built with closed groups, like, family members/individuals for specific welfare purpose)
Law/Act Applied to Register: Indian Trusts Act/Bombay Public Trusts Act
(No National Law governs Public Charitable Trusts in India but States have Public Trust Acts)
Registering Authority of Trust: Sub-Registrar of Registration/Charity Commissioner
Time of Trust Formation: 2 days to 1 week
Trust Governing Structure: General Body/Board of Trustees, Executive Committee/One General Body of Trustees
REGISTRATION OF NGO TRUST
A Trust Deed should be prepared for this purpose, where the author of the Trust has to
mention the following:
Intention to create a Trust
Purpose of the Trust
Trust Property to transfer to the trustee (unless declared by Will/Author is himself the Trustee)
Final Deed is printed on a non-judicial stamp paper to present before the Sub-Registrar Office in the concerned
jurisdiction area in presence of all the trustees and two witnesses. A Government Registration Fee is to be deposited
for this purpose.
Benefits of Trust Registration
Provision of Government approved land
Grant allowed from Government
Recognition/Affiliation from any University/Organization
Income Tax Benefit
80 G Benefit
Benefits of Entertainment Tax
Benefits of Service Tax
White money for building construction
Note: A Trust should procure 12A Certificate from the Income Tax Department, which is a paper
that allows the surplus income of the Trust exempted from Tax for the lifetime. Also, they are to get registered
to be included under 80 G tax deduction provision.
NGO Society - Registration Procedure
NGO SOCIETY - ITS PURPOSE
Society is created as an association of persons (at least 7) connected together by mutual consent to deliberate, determine
and act jointly for some common charitable cause, such as, education, religion, art, sports, etc. Foreigners, Companies and
other Registered Societies can also subscribe in the Memorandum of a Society. Societies that are formed in India are controlled
under the regulations of Societies Registration Act, 1860.
NGO SOCIETY FORMATION AND FEATURES
Law/Act Applied to Register: Societies Registration Act, 1860
Registering Authority: Registrar/Deputy Reg. Of Societies of the concerned State/Charity
Time of Society Formation: 1-2 Months
Governing Structure: General Body, Executive Committee
REGISTRATION OF NGO SOCIETY
Society registration is managed by State Governments. Accordingly, Application of Registration of a Society must
be made to the concerned authority of the State, in which the Registered Office of the Society is to be located.
Procedure followed for the purpose of registration:
Founding Members agree on the Society’s Name.
Memorandum, Rules and Regulations of the Society are chalked out.
Founding Members sign and validate the Regulations.
Oath Commissioner, Notary Public, Gazetted Officer, Advocate, Chartered Accountant
Class Magistrate should witness with their stamp duty and complete address.
Memorandum is submitted to the Office of concerned Registrar of Societies in the State with a registration fee for
the purpose of registration.
Benefits of Society Registration
Bestowed with a Legal Identity. Members of a Society should follow certain regulation to conduct their activities.
Liabilities are limited within the respective shares of the members following the legal decorum.
Income Tax Benefits
It is provided with Legal Protection to conduct its activities. Unauthorized use of Society’s name is a legal offense.
Our Customers Admire What We Do
PRIYA H, India
I have been dealing with Myitronline and Gopal Varshney for over a decade now. The firm is highly professional, prompt, efficient and courteous. Its been a pleasure dealing with Gopal and I would highly recommend his services. Keep up the great work !!
Myitronline Global Services Private Limited It's a platform of comprehensive technology-driven services that wrap up all the legal needs of startups and established businesses for instance incorporation, government registrations & income tax filings, accounting, documentation and annual compliances.
Myitronline has users from pan India and many from overseas who prefer to use myitronline.com to file their tax return with ease. It is a project built on the idea to make the ever increasing tax filing headache a thing of the past. The website is absolute hassle free and intuitive to use. All of this is delivered to our clients through the convenience of cloud. They access our services via web applications.
is to give away a single & simple click access to all the individuals for all their legal and professional tasks. Our values are to deliver the clients delightful services.
If you appreciate our mission and want to build gratifying Fintech products or join with us, please give a moment to reach us at email@example.com
Individual Tax Preparation Services are offered through two channels – Income Tax Filing by Experts, and Self e-Filing of Income Tax Returns. Income tax Filing by Experts is a service where a dedicated tax expert is assigned to you, to help you understand your tax modalities, prepare returns for you and file your ITR online. If you prefer doing your taxes yourself, Myitronline provides a highly intuitive online tool for e-Filing income tax returns which automatically extracts all data from your Form 16, to help you file your taxes online yourself in 5 easy steps.
Business tax preparation services are provided through personal interaction as well as online for filing ITR 1, ITR 2, ITR 3 and ITR 4. Our GST managed services are a complete solution for all the GST compliance worries where we take care of everything for you right from registration, reconciliation as well as return filing. Apart from this we also provide tax tools like Income Tax Calculator, Advance tax calculator.
Our customers choose us over other service providers, as we offer a blend of tax filing methods suited to the needs of our clients as well as dedicated year-round support or focus on client satisfaction.
Start Up A BusinessNumerous organisations are still puzzled about what kind of entity to register when they indulge in their start up. They keep struggling for the right decision for instance a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship. Every entity has it’s specific pros and cons. There is no single class for all businesses. A private limited firm registration, for instance would be a better fit for any venture that will look for funding at a later stage. You can connect with Myitronline for all the advises you require. We assure you of great & significant support at a reasonable price. Many people find difficulty in discovering the Company name which is unique for itself, the wait is finished. We have come with a great team to find that unique name for your brand Company name availability here.