Jul 12th, 2024 at 05:24
Jul 12th, 2024 at 05:24
Price: $ 100
Legal Recognition: [**Trust registration**][1] ensures that your trust is legally recognized. This legal status is crucial for opening bank accounts, entering into contracts, and receiving grants and donations.
Tax Exemptions: Registered trusts are eligible for various tax exemptions under the Income Tax Act. This can significantly reduce the tax burden and enhance the trust’s financial health.
Transparency and Credibility: Registered trusts are seen as more credible and transparent. This can help in gaining the trust of donors, beneficiaries, and other stakeholders.
Asset Protection: Registration protects the trust’s assets under legal jurisdiction, ensuring they are used only for the intended purposes.
Perpetual Succession: A registered trust enjoys perpetual succession, meaning it continues to exist even if there are changes in trustees.
[1]: https://www.smartcorp.in/trust-registration-in-coimbatore.php
Exact specifications may vary from the details on this page. Please contact the seller to reconfirm and details before purchasing. See terms & conditions for further information.
