In india , Trust is better or NGO is better
10 months ago
Our Private company's Director want to establish Medical , education and other facilities those who needs. Please guide Trust is Better or NGO is Better in India . any tax benefit ,Please guide us
A.Dear Client,
NGOs are responsible for the promotion of certain causes whether it is in health, education, labor, environment, and other fields of life. Trusts, on the other hand, are when a person wants his or her properties and money to be managed by a certain body which is a trust.
Therefore, based off of the goals you have stated in your query, a trust might be the better option. However, it is not possible for us to give a conclusive recommendation without considering conditions surrounding your circumstances, therefore please note that this is generic advice that can vary based on specific circumstances.
NGOs are responsible for the promotion of certain causes whether it is in health, education, labor, environment, and other fields of life. Trusts, on the other hand, are when a person wants his or her properties and money to be managed by a certain body which is a trust.
Therefore, based off of the goals you have stated in your query, a trust might be the better option. However, it is not possible for us to give a conclusive recommendation without considering conditions surrounding your circumstances, therefore please note that this is generic advice that can vary based on specific circumstances.
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