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 2019The 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 2017Govt 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 2014Many private trusts lose tax benefits under EPFO
1 min read7 Jun 2009EPFO may revoke I-T concessions to some private trusts
1 min read2 Feb 2009The 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