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Charitable and Religious Trusts Act, 1920

 Powered By: Law House  Category: Banking/Financial, Bare Act, Public Related, Stamp, State, Tax  Pages: 4  Country: India  Language: English  File Size: 46 Kb  Download
 Description:
What is the purpose of a charitable trust?
To qualify as a charitable trust, the trust must have a specific purpose that has been deemed charitable. Under traditional law, this includes relief of poverty, advancement of education, advancement of religion, promotion of health, governmental or municipal purposes, or other purposes beneficial to the community.
What is the difference between charitable trust and religious trust?
Charitable purpose’ includes relief of the poor, education, medical relief, and the advancement of any object of general public utility. Religious trusts: The creation of religious charitable trusts is governed by the personal laws of the religion.

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