Trade and professional associations

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2013 what do you mean by trade associations? what is their purpose also please explain what are professional associations ? what is their objective and who forms them? please explain in detail..

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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02 June 2013 Trade association is made by the traders and profession association is made by the professionals. All these associations are either created by executing trust deeds or by registering under the societies act. The purpose of these associations are that in case the Govt. imposed any tax or any other order which is detrimental to the interest of the associations it can be represented through the association which has some say otherwise individual trader or professional either cannot reach or his voice is turned down.