8 Easy Steps to Start an NGO in India
Introduction Starting a Non-Governmental Organization (NGO) in India can be a rewarding way to help others and make a positive impact on society. NGOs play an essential role in addressing various issues, such as education, healthcare, and the environment. If you’re thinking about
Benefits of Section 8 Company Registration in India
To be eligible for Section 8 company registration, certain criteria must be met, such as having a clear and specific purpose, prohibiting the distribution of profits among its members, and utilizing its income solely for the organization’s objectives. The registration process involves the
12aa Of Income Tax Act
Introduction A comprehensive piece of law that controls taxation in India is called the Income Tax Act.. It lays down the provisions and guidelines for various tax-related matters, including exemptions and deductions. Section 12AA of the Income Tax Act holds significant importance in
FCRA Act: An Introduction to the Foreign Contribution Regulation
The Foreign Contribution Regulation Act (FCRA) is a significant legislation in India that regulates the acceptance and utilization of foreign contributions by individuals, associations, and organizations. Enacted in 1976, the FCRA aims to ensure that such contributions do not compromise the sovereignty and
What is difference between NGO and trust?
Introduction When it comes to nonprofit organizations, the terms NGO (Non-Governmental Organization) and Trust are often used interchangeably. While they share similarities in their missions and goals, there are distinct differences between the two. This article aims to explore and clarify the disparities
Unlocking Opportunities: Benefits and Procedures of Society Registration
Brief explanation of society registration, a process where organizations legally establish themselves as societies in order to operate and fulfill their mission within the framework of the law. B. Importance of understanding the benefits and procedures of society registration to maximize the potential
Benefits of Trust Registration and Legal Requirements In India
Introduction Definition of trust registration: It refers to the legal process of formally establishing a trust. It involves creating a trust document, naming beneficiaries, appointing trustees, and fulfilling the necessary formalities to ensure the trust is recognized and enforceable. Benefits of Trust Registration
What Are 12A and 80G Certificates: Understanding Their Significance
Table of Contents Introduction When running a charity or non-profit group, it’s important to know about the different tax exemptions and certifications that are available. The 12A and 80G licenses are two important ones in this area. These papers are important for groups
What is 12a and 80g?
Introduction In the realm of nonprofit organizations and charitable institutions in India, certain provisions under the Income Tax Act, of 1961, play a vital role. Two such provisions are 12A and 80G, which provide significant benefits and incentives to organizations engaged in philanthropic
How to Name Your Section 8 Companies?
Starting a Section 8 company in India requires careful planning and attention to detail. One crucial aspect of setting up such an organization is choosing an appropriate name. The name you select for your Section 8 company should reflect its purpose, values, and