Private Trusts News

Money

Private trust created for the benefit of a minor child can invest in mutual fund

Under the provisions of the Indian Trusts Act, a private trust can invest in mutual funds, shares, and so onIf a person dies intestate (i.e. without leaving a Will), the applicable laws of succession relating to the religion of the deceased will apply

1 min read28 Aug 2019
Companies

EPFO to check provident fund compliance of companies

The EPFO has launched a drive to make sure firms running private trusts to manage their employees’ provident fund comply with online PF return filing requirements, or face consequences

2 min read6 Oct 2017
Politics

Maharashtra CM calls for prompt action to free up slums in Mumbai

Govt may take over land of 5 private trusts in Mumbai to implement slum rehabilitation schemes in case they don't allow it themselves

1 min read1 Dec 2014
Money

Many private trusts lose tax benefits under EPFO

Many private trusts lose tax benefits under EPFO

1 min read7 Jun 2009
Politics

EPFO may revoke I-T concessions to some private trusts

EPFO may revoke I-T concessions to some private trusts

1 min read2 Feb 2009

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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