Nashik has a growing number of social entrepreneurs and charitable initiatives. Registering a trust in Nashik provides you with legal status, helps gain donor confidence, allows smoother bank operations, and enables access to various government schemes and CSR funds.
The cost of trust registration varies depending on the type of trust, number of trustees, and value of assets. For a public charitable trust with a basic deed, registration fees in Maharashtra typically start from Rs. 1,500/- to Rs. 3,000/-, excluding legal and consultation charges.
The trust registration process includes the following steps:
Drafting of Trust Deed (main governing document)
Purchase of stamp paper (as per trust fund size)
Execution of Trust Deed with Settlor and at least 2 Trustees
Submission of Trust Deed to the Charity Commissioner or Sub-Registrar Office
Physical Verification and Witnessing at Registrar Office
Certificate of Registration Issued by the Authority
Trust Registration in Nashik is a powerful legal tool for anyone looking to contribute to society through charity, education, healthcare, or religion. A registered trust enjoys legal benefits, transparency, public support, and financial privileges such as tax exemptions under Sections 12A and 80G of the Income Tax Act. Registering your trust ensures smooth functioning and long-term impact of your social mission.
Copyright © 2024 S B Chhajed and Associates All Rights Reserved