
Detailed Guide to NGO Registration in India This guide will help you in understanding the legal pro..
h1> Guaranteed Registration of your Trust 2024, Society or NGO within 7-15 days in Tripura, Assam
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A trust is created by the Author, owner, settlor or trustor in the name of another person called trustee by transfer of movable or immovable property for the benefit of a third party or beneficiary.
Trusts are created either for the benefit of some individuals connected or related to the author or are created for the benefit for the public.
When trust is created for the benefit of some individuals connected or related to the author the Trust is called Private Trust. The profits of the activities of private trust goes for the benefit of the beneficiaries mentioned in the trust.
When the Trust is created for the benefit of general public then the Trust is called Public Trust or Charitable trust where it can receive donations after registration of 12 A and 80 G.
Thus, a Public trust works similar to an NGO with an objective of the service of general public or deity.
The work area of a public trust is all over India and a public trust may enter in to contract, buy or transfer any kind of property or perform any activity anywhere in India.
A trust is registered generally within 5-15 days of application.
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