The Central Board of Direct Taxes (CBDT) has issued Circular No. 07/2024 dated 25th April 2024, announcing another extension for the filing of Form 10A/10AB under the Income-tax Act, 1961. This extension pushes the due date to 30th June 2024, offering relief to trusts, institutions, and funds. Background Previously, CBDT had extended the due date…
1. Decide the Type of NGO In India, NGOs can be registered under three different acts: Societies Registration Act, 1860: for Society Indian Trusts Act, 1882: for Trust Companies Act, 2013: for Section 8 Company (Non-Profit Company) 2. Choose a Unique Name Ensure that the proposed name of your NGO is unique and not already…
1. Defining the Purpose and Mission: Clearly articulate the vision, mission, and objectives of your NGO. Identify the social, environmental, or cultural issue you intend to address and the specific impact you aim to achieve. 2. Legal Structure and Registration: Choose an appropriate legal structure: Society, Trust, or Section 8 Company. Each has different regulatory…
