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Leverage a larger platform to make a difference

A public trust is an entity whose beneficiaries are the members of a society. The public trust performs various charitable acts like offering to fund education, providing the necessities to people in need, and offering healthcare services to society. The services are beneficial to various segments of society. A public trust also has a legal status as it can be registered in a state. Various powers are also bestowed upon a public trust by the Income Tax Act, the Public Trust Act of that state and The Indian Trusts Act of 1882.

Procedure for Trust Registration in maharashtra

Create a trust deed or agreement that mentions the terms of the trust.

Identify the trustee, who will be responsible for managing the trust assets and carrying out the terms of the trust.

Identify the beneficiaries.

File the necessary paperwork with the appropriate government agency.

Pay the registration fees.

Benefits of Trust Registration in maharashtra

Tax Exemptions: By opting for trust registration in maharashtra, you can enjoy tax exemption under the Income Tax Act 1961. The trust will no longer have to pay taxes on income generated from its activities. This can help you to save a significant amount of money.

Helping Individuals:Trusts offer help to individuals who are in need. By registering a trust, you will be providing a legal structure to support you. This can help you to benefit different sections of society. A trust can also engage in different kinds of charitable causes.

Simple Integration: A registered trust can be integrated into different initiatives and government schemes. This can help the trust in receiving government subsidies and grants. The registration can also help to increase the credibility of the trust in multiple different ways.

3 reasons to register your Public Trust

Here are the major reasons why people prefer Trust:

01
Eligible for tax exemptions under Section 12 A and 80G of the Income Tax Act
02
Adds more credibility as it involves public money in the form of donations
03
A public trust act requirement if charitable work is involved

Establishing a Public Trust
made easy!

Here’s everything you need to know:

A minimum of two trustees.

A trust deed.

A properly drafted trust deed on Proper Stamp Value

Registered office proof - (Rental Agreement or ownership document)

ID proof of the Founder of the Trust

NOC from the owner of the premises

Two witnesses

Step 1: Select a unique name for your trust

Step 2: Form a Trust Deed

Step 3: Apply for Registration.

Step 4: Allot your trust PAN & TAN Number for TDS Purposes.

Seal it in with a Trust Deed

Why choose Bizpole for Trust Registration in Maharashtra?

Bizpole is one of the most reliable destinations for trust registration services. The team of experts at Bizpole is highly experienced in what they do, and they will help you to register your trust in the most seamless and hassle-free manner. We are well aware of the latest rules and regulations of the country concerning trust registration, and we will take care of the entire process on your behalf. We will also offer you cost-effective solutions tailored to your exact needs. This will further help you in optimising your expenses.

FAQs

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Mahesh

Lubegen Lubricants Private Limited

We're very pleased with the professionalism and expertise of the Bizpole team. They were able to help us with our Pvt. Ltd. company registration in a fast and timely manner. Will recommend it to anyone looking for good and timely service.

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Avizakta Enterprises

Thank you so much Bizpole Team for all the support and assistance in getting a trademark for my Cakeshop. I would recommend Bizpole to anyone without any doubt.

Akshay Dev

Rajabhoomi Spices Opc Pvt Ltd

I have been associated with Bizpole for over 2 years. Their service is immaculate, with superb communication at every step.

Jeya Karthikeyan

Nattukkottai Paradaise Biriyani

I had great pleasure in indulging in business with Bizpole. The whole process of registration went by with ease with the help of their team. Very satisfied with the team at Bizpole.

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