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Old 14-10-2008, 05:54 PM
arva_chunelwala's Avatar
Join Date: Jun 2007
Location: India
Posts: 40
Default Trust related query

Dear Friends,

Request you to guide me on the following points:

1] A trust formed outside India be also registered with India?
2] Can its operation via banking transaction valid?
3] If it can carry any banking transactions, then wht KYC doc. needs to be collected frm them?

Kindly advice on priority.
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Arva.
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Old 15-10-2008, 12:14 AM
prakunna's Avatar
Join Date: Oct 2008
Location: Chennai
Posts: 136
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A trust formed outside India need not be registered in India. But for receiving funds from outside India, the permission of the Central Government is required. The receipts are governed by Foreign Contributions Regulation Act, 1976
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