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A non-profit organization is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers. Read more about Non-profit India on our official website.<br>
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INSAAN GROUP Non-profit India https://insaangroup.org/
Registering a Non Profit in India can be done in a total of five ways: For an organization to be termed as charity it requires Income tax clearances under 12 A Clause of Income Tax Act. Section 2(15) of the Income Tax Act defines ‘charitable purpose’ to include ‘relief of the poor, education, medical relief and the advancement of any other object of general public utility’. A purpose that relates exclusively to religious teaching or worship is not considered as charitable. • Trust • Society • Section-8 Company • Special Licensing • Section-25 Company (old companies Act - Companies Act,1956) https://insaangroup.org/
Analytical Report the growth of registered nonprofits in the United States. https://insaangroup.org/
Category: Non-profit organizations based in India Non-profit organizations based in India, which may or may not be • Non-governmental organizations • Indian NGOs. https://insaangroup.org/
Types of Organization • TrustsThe public charitable trust is a possible form of not-for-profit entity in India. Typically, public charitable trusts can be established for a number of purposes, including the relief of poverty, education, medical relief, provision of facilities for recreation, and any other object of general public utility. Indian public trusts are generally irrevocable. No national law governs public charitable trusts in India, although many states (particularly Maharashtra, Gujarat, Rajasthan, and Madhya Pradesh) have Public Trusts Acts. • SocietiesSocieties are membership organizations that may be registered for charitable purposes. Societies are usually managed by a governing council or a managing committee. Societies are governed by the Societies Registration Act 1860, which has been adapted by various states. Unlike trusts, societies may be dissolved. • Section 8 Companies A section 8 company (old section 25 company) is a company with limited liability that may be formed for "promoting commerce, art, science, religion, charity or any other useful object," provided that no profits, if any, or other income derived through promoting the company's objects may be distributed in any form to its members.
B. Tax LawsIndia ’s tax laws affecting NGOs are similar to the tax laws of other Commonwealth nations. These laws may have some impact on U.S. grant makers, and thus are summarized here. Sub categories India ’s tax laws affecting NGOs are similar to the tax laws of other Commonwealth nations. These laws may have some impact on U.S. grant makers, and thus are summarized here. https://insaangroup.org/
Your Contribution Helps a lot in many ways In Schooling Making Smile to needy Person https://insaangroup.org/
Thank you For Reading For more visit Bellow details. Connect or follow us with us Website: https://insaangroup.org/ Facebook: https://www.facebook.com/insaangroup/ Twitter: https://twitter.com/theInsaanGroup Instagram: https://www.instagram.com/insaangroup/ Address: 324, Third Floor, City Centre, Plot No 5, Sector 12, Dwarka Pincode : New Delhi – 110075 Mobile Number: 971529081894