Archive for June 29th, 2007

People set up charitable trust with the combined purpose of getting involved into charitable activities, while accruing certain benefits for him, his heirs, and successors. Other pertinent reasons for which people set up charitable trust are to avail tax exemptions. Such charitable trusts are nonprofit organisations. However, to avail all these benefits, the charitable trust should have a legal entity. Such legal entities are conferred by means of Charitable Trust Registrat (more…)