A trust is a legal entity created to manage property or funds for charitable or religious purposes. Trust registration provides legal recognition, tax benefits, and operational transparency while ensuring compliance with Indian Trusts Act and Rajasthan Public Trusts Act.
Established for charitable or religious purposes benefiting the general public
Created for specific individuals or family members
Formed for promoting religious activities and institutions
Focused on social causes like education and healthcare
Stamped and notarized document establishing the trust
Aadhar, PAN, Passport, or other government-issued ID
Utility bills, rent agreement, or similar documents
Electricity bill, NOC, or rent agreement
Information about trust beneficiaries and objectives
Passport-size photographs of all trustees
Trustee affidavits and declaration documents
Trusts in India are governed by specific legal frameworks that vary based on the trust type and location. In Rajasthan, both national and state-specific laws apply to trust registration and operation.
Primary legislation applicable to private trusts across India.
Governs public charitable and religious trusts specifically in Rajasthan.
Provides tax exemptions under Sections 12A & 80G for registered trusts.
Regulates the receipt and utilization of foreign contributions by trusts.
Involves filing trust deed, submitting required documents to relevant authorities.
Annual filing requirements, maintaining proper records, and audit obligations.
Operating an unregistered trust can lead to significant legal, financial, and operational challenges that may severely impact the trust's ability to function effectively.
Unregistered trusts lack legal identity and cannot file cases in court.
Ineligibility for tax exemptions under Sections 12A & 80G of Income Tax Act.
Cannot receive government grants or foreign contributions legally.
Limited access to banking services and inability to open accounts in trust's name.
Unclear ownership of assets can lead to disputes among trustees and beneficiaries.
Lack of official status reduces trust from donors, partners, and beneficiaries.