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Punit Gupta (Owner)     20 April 2016

Trust or society

Dear Veterans,

Greetings of the day.

Kindly share your insights on whether a Trust or a Society-which form of organistion is best suited for running a social purpose institution i.e. School or Hospitals; a cheritable one; provided the tax benefits are differently treated and only matters on civil and property laws are to be taken into consideration for this discussion.

Regards:

Punit 



Learning

 1 Replies


(Guest)

I got one good article so shared direct link 

https://techwelkin.com/difference-between-trust-and-society-in-india

At National level 

Trust is governed by ---- Indian Trust Act 1882

Society is governed by --- Societies Registration Act, 1860

Additionally states too can have their own law


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