NGO - Page 2

Registration of NGO as trust

A trust can be either private or public. Private trusts are governed by the Indian Trusts Act, 1882 and are used for private purposes, such as running a private estate or institution. For doing a charitable work for public, Public charitable trusts can be set up. India doesn’t have a national level law to govern charitable trusts, [&h...

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Posted Under: Corporate Law |

NGO (Non-Government Organization)- An Overview

♣  NGO (Non-Government Organization): A non-governmental organization (NGO) is an organization that is not part of a government. They are non-profit making, voluntary and service oriented organizations. Many NGOs now prefer the term Private Voluntary Organization (PVO). A non-governmental organization (NGO) is a legally constituted org...

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Posted Under: Corporate Law |

Non Government Organisations- Registration, Constitution & Taxation

NGOs stand for non-governmental organisations. In a general term, a non- governmental organisation is the one that operates independently of any government, typically one whose purpose is to address a social or political issue. For example, an NGO taking initiative by providing medical and educations awareness facilities in rural areas wh...

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Posted Under: Corporate Law |

How to Raise Funds For NGO

Dear readers, as you all know activities related to Social Welfare are part of our Society. Some peoples from society take this initiative to do Social welfare activities to help needy peoples. In the Current situation of COVID -19, the whole economy is in lockdown and the NGO of India has taken the responsibility along […]...

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Posted Under: Corporate Law |

How to establish Charitable Company/NGO in India through Foreign Funding

1. CONCEPT OF CHARITABLE COMPANY/NGO’S: Charitable Company or Non Governmental Organization (NGO) is a group, organization, Non Profit establishment or non Profit association of individuals, activists, voluntary and social persons. Non Government Organization (NGO) is citizen based non–profit group works for social welfare and sustain...

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Posted Under: Corporate Law |

Exemption to Trust U/s. 11 of Income Tax Act can not be denied if Payment made to concerns covered U/s. 13(3) not excessive

DDIT(E)- II Vs. M/s. Rock Church Ministries (ITAT Hyderabad)

DDIT(E)-II Vs. M/s. Rock Church Ministries (ITAT Hyderabad ) The purpose of section 13(1)(c) is to deprive a religious or charitable trust from exemption if it is found that its income is used or applied, directly or indirectly, for the benefit of the specified persons. Section 13(1)(c) carves out a general exception wherein the provision...

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NGOs urges Fin Min to continue tax exemptions for them in DTC

An NGO has urged Finance Minister Pranab Mukherjee to continue tax exemption for them in the proposed Direct Taxes Code in order to encourage non-profit organisations to undertake welfare activities. "Taxes will put a constraint resource generation of charitable bodies and reduce their ability to undertake welfare activities," Tax Payers ...

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Posted Under: Corporate Law |

FM holds Pre Budget Consultations with Different Non Governmental Organisations

Union Finance Minister Shri Pranab Mukherjee held a meeting with different Non Governmental Organizations (NGOs) to get their inputs for General Budget 2011-12, here today. This was the fourth meeting in the series of pre-Budget consultations held by...

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Posted Under: Corporate Law |

Government set to frame new accounting norms for non-governmental organisations (NGOs)

The government is set to frame new accounting norms for non-governmental organisations (NGOs), as it looks to remove the veil over the flow and utilisation of funds by the sector that is not entirely above suspicion. The ministry of corporate affairs...

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Posted Under: Corporate Law |

Registration of Voluntary Organizations and NGOs for assistance under Investor Education and Protection Fund

The Ministry of Corporate Affairs has established the Investor Education and Protection Fund under Section 205C of the Companies Act, 1956 to undertake various activities for creating awareness amongst the investors. The Ministry invites credible vol...

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Posted Under: Corporate Law |

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