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# 10yearvalidity

1 posts in `10yearvalidity` tag

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Income tax

Big Relief for NGOs: 10-Year Validity Period for Trust Registrations

This blog post details the Indian government's pivotal move to introduce a 10-year validity period for trust registrations, replacing the previous perpetual system. It highlights how this "revolutionary change" significantly reduces administrative burden, enhances planning stability, and improves transparency for charitable organizations and NGOs. The article also outlines key implications for existing and new trusts, emphasizing the shift towards digitalization and a more efficient non-profit sector.