Fund approval application requires disclosure of trust details, beneficiary objects, contributions, investments, and supporting annexures. Application for grant of approval to a fund referred to in Schedule VII [Table: Sl. No. 2] requires disclosure of the trust or fund's particulars, ... Summary
Fund approval application requires disclosure of trust details, beneficiary objects, contributions, investments, and supporting annexures.
Application for grant of approval to a fund referred to in Schedule VII [Table: Sl. No. 2] requires disclosure of the trust or fund's particulars, employer organisation details, objects, trustees or office bearers, employee classes admitted, contribution pattern, accretion, intended application or accumulation of funds, and details of investments or deposits. The applicant trustee or principal officer must verify the accuracy and completeness of the information and undertake to notify any alteration in the trust deed or fund rules. Supporting annexures include the instrument of trust, notes on activities, and copies of accounts.
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