[Inpycon] Registering society (Was: Re: FOSS PyCon)

[Sreekanth S Rameshaiah]

2009/10/14 Noufal Ibrahim <noufal at gmail.com>

> On Wed, Oct 14, 2009 at 12:13 PM, Sreekanth S Rameshaiah
> <sree at mahiti.org> wrote:
> [..]
> > I have the soft copy of the Trust-Deed that we used to register
> > BangaloreCares trust. It was prepared by a well known law firm. Will be
> hapy
> > to mail it to Noufal or anyone else as required.
> > We choose trust over society as the legal requirements for society are
> > bigger overhead over trust.
> [..]
>
> Can you send it to me Srikanth?
>
> Have sent.


> One of things that occurs to me is the area of tax exemption. If we
> have a society/trust, I'd prefer it to be tax exempt throughout the
> country (since for future conferences we'd be looking for sponsors and
> stuff outside Karnataka).
>

The 80 G exemption is not limited to donations from specific state. They are
issued by Dept of IT a central govt institution and are applicable to
donations from all over the country.
However if you need to get any forign donation then the entity has to apply
for FCRA permission with is a complex process in itself.



>
> --
> ~noufal
> http://nibrahim.net.in
>



-- 
Sreekanth S Rameshaiah
Executive Director
Mahiti Infotech Pvt. Ltd.
# 33-34, 2nd Floor,
Hennur Cross, Hennur Road,
Bangalore, India - 560043
Phone:  +91 80 4115 0580/1
Mobile:  +91 98455 12611
www.mahiti.org
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