Charitable trust, FEMA?

Max Payne (employed) (2574 Points)

06 February 2010  

Dear friends,

 

This is not a tax topic, but i know this is where max activity happens, so here goes...

 

Please give me information regarding following matters in formation of a trust........

Any info would be very helpful....

 

1,   Is there a minimum number of person in a charity organization?

2.   This organization will have to receive funds from abroad and India. What are the restrictions for ths.

3.   Can any foreigner become a member in this? If so, what are the formalities.

4.  Is it necessary that everybody has to be physically present at the time of registration?

5.  Suppose if some foreigner children create a charity organization here, and to do some charity work in India, is there any restrictions?

 

Thanks in advance...

Yours truly, GK......