Difference Between Trust And Society In India

  SEE ALSO: Can an NRI Become a Trustee? SEE ALSO: Can a government employee become a Trustee? Some people also gets confused about a trust and a foundation. I have written a separate article to answer this question. I hope this table of differences would make several things clear in your mind about differences among Trust and Society. For more specific information you may read more articles as listed below. In case you still have any questions, please ask them in through the comments section. While asking questions, please write in details. Also, please do not ask questions without going through all my relevant articles. You will find most of your answers in one or the other articles. Thank you for using TechWelkin! Is it possible to convert a trust into a society? Is it possible for a particular association to get registration under Trust which is already registered as Society under The Societies Registration Act Thanks a lot for such an excellent article on the difference. I read your other articles too about registration of trust and society. They are extremely useful. I have a query. We are a group of friends planning to contribute a monthly amount and donate that amount to less privileged orphanages/homes. To avoid any tax implications to an individual’s bank account we are planning to register a trust or society to do this. My friends are located across India. Can you please advise what is the recommended option here ? Or do we need to register at all to do this kind of donation? Firstly appreciate your help to her everyone here. I have an educational society registered in 2010. Since then there are no activities conducted on this society due to various reasons. Now that we wanted to start, we wanted to apply for 80G for the registered society. Please help me with all what is required for getting 80G for our society. Also, the society is registered in Andhra Pradesh before its bifurcation. We are helping 4 students with their education in the bifurcated state Telangana. Can we continue on the same society or should we register one more in the new state. Please help with your knowledge. Regards, Jay I have gone thru all of the above. Can u guide me one question. Suppose five friends have made one trust and after some years they want to make individual trusts, then the original trust fund and property etc can it be divided equally among them i.e. in the name of their individual trusts.
pl guide. rabi dash Regards: Adv. Jai Agarwal Is it possible to get an NGO registered both as a Trust and as a Society? If Yes, then would it be better to get it registered as a Trust first and then go for the Society? If NO, then why? First of all thanks a lot for this good info. I have already registered a society under 1956 act and a school is running under this society. I need to ask you whether I can change this society into a trust? Please advise. Regards, Brij Pls can you tell I can enjoy which type of benefits either of Trust or of Society. As it is registered as both. Regards, Mohsin Nice Article. I want to ask that is it which form will be better if we want to get foreign funding, trust or society? — Thanks Thanks again for your good work. Alka Thank u I along with 10 more guys from my village are planning to start a society for development of our village. We are not sure to register a society or trust. Also most of us don’t have pan cards. We want to implement few development schemes in village hence need a registered body. Can you help if we should start with society or trust. Also what all things that we need to initiate are goals. thanks I would suggest that you find a good lawyer who can give you more detailed advice. Thank’s & Regards Surya satyanarayana.v Thanks thanks once again with regards Thank you.