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Registering & Running a Trust/Foundation involves…



       One Time Activity                              Ongoing Activity


Identify and customize a suitable           Disbursement of money for activities stated
structure to meet the requirements          in the charter


Draft necessary charter                     Collection of income from the investments


Registration under the relevant act & co-   Maintaining accounts and audit of accounts,
ordination with relevant authority office   filing of IT Returns*


Opening of Bank Account & other             Necessary statutory compliances of
ancillary services                          organisation, Annual General Meeting,
                                            Board Meeting, Meeting Minutes etc*


Obtaining PAN and TAN number                Necessary documentation of the activities,
                                            Annual Report etc


Coordinate registration under section       Regular co-ordination with executive
12A and 80G of Income Tax Act               committee and approval on operations


Investment of Funds/Property/Shares         Hiring and Staffing
for the entity

Rs. 50, 000 to Rs. 1, 00, 000               * Rs. 30, 000 to meet the minimum
                                            necessary legal and statutory compliances

3-6 months of time                          2-3 months of time

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Activities onetimeongoing trustfdn

  • 1. Registering & Running a Trust/Foundation involves… One Time Activity Ongoing Activity Identify and customize a suitable Disbursement of money for activities stated structure to meet the requirements in the charter Draft necessary charter Collection of income from the investments Registration under the relevant act & co- Maintaining accounts and audit of accounts, ordination with relevant authority office filing of IT Returns* Opening of Bank Account & other Necessary statutory compliances of ancillary services organisation, Annual General Meeting, Board Meeting, Meeting Minutes etc* Obtaining PAN and TAN number Necessary documentation of the activities, Annual Report etc Coordinate registration under section Regular co-ordination with executive 12A and 80G of Income Tax Act committee and approval on operations Investment of Funds/Property/Shares Hiring and Staffing for the entity Rs. 50, 000 to Rs. 1, 00, 000 * Rs. 30, 000 to meet the minimum necessary legal and statutory compliances 3-6 months of time 2-3 months of time