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