Praveen Agrawal And Associates

Trusts are formed with the noble aim of promoting sciences, literature, and other valuable causes. They help address needs like alleviating scarcity, providing education, and offering medical support. Trust registration is the process of officially recording a trust under the Trusts Act of 1882. This step ensures the trust is legally recognized and operates within…

The National Commission has dismissed the police department’s defense, which relied on verbal instructions for discontinuing premium deductions without securing written confirmation. The issue revolves around policy lapses due to these unapproved changes. Constable Sakinder Singh of the Punjab police acquired three Jeevan Saral with profit policies from the Life Insurance Corporation (LIC) of India…

Introduction Non-Governmental Organizations (NGOs) have the opportunity to attain income tax exemption through registration and compliance with specific formalities. However, it’s important to note that such registration does not directly benefit individuals or entities making donations. The Income Tax Act includes provisions aimed at encouraging donations by offering tax benefits to donors. It is crucial…