Trust And Ngo Compliance
“Non-Governmental Organizations” are commonly referred to as NGOs and are usually a non-profit making organization that generally operates independent of any Government. The purpose of NGOs is to address the social issues. Its activities include but are not limited to environmental sustainability, social empowerment of the deprived, educational and cultural development, animal welfare, human rights, consumer rights etc. There are some of the top NGOs that have made considerable social impact in India and are internationally recognized.
NGO can generally register itself as a legal entity in three ways in India and which are as following; Trust, Society and Section 8 Company under Companies Act, 2013. Some of the Acts that may be applicable to an NGO in India: Indian Trusts Act, 1882; Societies Registration Act 1860; Companies Act, 2013; Income Tax Act, 1961; Charitable and Religious Trusts Act 1920, Foreign Contribution (Regulation) Act, 2010; etc.