Registering & Running a Trust/Foundation involves…       One Time Activity                              Ongoing ActivityId...
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Activities onetimeongoing trustfdn

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Transcript of "Activities onetimeongoing trustfdn"

  1. 1. Registering & Running a Trust/Foundation involves… One Time Activity Ongoing ActivityIdentify and customize a suitable Disbursement of money for activities statedstructure to meet the requirements in the charterDraft necessary charter Collection of income from the investmentsRegistration 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 ofancillary services organisation, Annual General Meeting, Board Meeting, Meeting Minutes etc*Obtaining PAN and TAN number Necessary documentation of the activities, Annual Report etcCoordinate registration under section Regular co-ordination with executive12A and 80G of Income Tax Act committee and approval on operationsInvestment of Funds/Property/Shares Hiring and Staffingfor the entityRs. 50, 000 to Rs. 1, 00, 000 * Rs. 30, 000 to meet the minimum necessary legal and statutory compliances3-6 months of time 2-3 months of time

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