• NGO

  • NGO may be defined as an association having a definite cultural, educational, economic, religious or social association organization. They are not owned by any one and cannot distribute profits as such. Whatever profits they may earn from economic activities are re-invested or spent on appropriate non profit activities. The typical sources of revenue or non governmental organizations are donations, membership fees, interest and dividends on investments.

    The NGOs can be registered under any of the following Acts:-

    1. Indian Trust Act, 1882
    2. Societies Registration Act, 1860
    3. Companies Act, 1956, u/s 25.
    4. Charitable and Religious Trusts Act, 1920.
    5. Sikh Gurdwara Act, 1925
    6. Trustees and Mortgagees Powers Act, 1866.
    7. Wakf Act, 1995
    8. Indian Trustees Act, 1866
    9. Religious Endowment Act, 1863.