F.A.Q

Trusts. The public charitable trust is a possible form of not-for-profit entity in India. Typically, public charitable trusts can be established for a number of purposes, including the relief of poverty, education, medical relief, provision of facilities for recreation, and any other object of general public utility.

Any person competent to contract could be a trustee as long as he is validly appointed as a trustee. A company could be a trustee. A settler of trust can be a trustee.

According to Section 2(15) of the Income Tax Act, “charitable purpose” includes relief of the poor, education, medical relief, the advancement of any other object of general public utility, and the preservation of the environment