I am a Professor IIT Delhi who work of concrete and its quality control. I also have a public trust called Supratic Trust whose aim include social causes as presented in the Book You must be kidding, Dr. Supratic Gupta, about sports, education, public health, old age, and other social causes. We are also publishing a Youtube series as can be seen in Supratic Trust channel. Go to playlist and see the videos in 4 language.
Now all these activities need huge funds and getting funds intially is difficult if not impossible in the begining.
As I mentioned, I am a professor of IIT Delhi and I can do lot of productive work for bridges, concrete technology where I can earn a lot of money. My PhD students (Graduated students) are eagr to work. Obviously they will take salary. I wish to earn the profit from these activities to support the activities for the social causes.
I don't need the profit from these activities and happy to dedicate these profits for the social causes. I dont want in fighting about the ownership of these funds.
The trust has 12A and 8G provisional certificate.
My question:
a. At present the commercial activities are not included in Trust objective, can I modify and include them in the trust objective. (The Buisness have huge potential and I dont need any financial investement as work is knowledge based).
b. I don't mind take and Paying GST for these activities.
c. Will the profit be tax free so that I can spend on social causes?
If the answer is yes, and you have relevant experience, please contact me.
I am looking for someone preferably delhi based for the above. Urgent.
