Establish a charitable or religious trust with a structured legal framework. Ideal for NGOs, foundations, and social initiatives.
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A trust is a legal arrangement where a trustee holds property or assets for the benefit of beneficiaries. It is commonly used for charitable, religious and social purposes in India.
| Feature | Trust | Section 8 | Society |
|---|---|---|---|
| Compliance | Low | High | Medium |
| Credibility | Medium | High | Medium |
| Setup | Easy | Complex | Moderate |
Minimum trustees required?
Minimum 2 trustees required.
Is trust better than Section 8?
Depends on purpose — Section 8 offers higher credibility.
Can trust get tax benefits?
Yes, subject to registration under Income Tax provisions.