https://www.taxtmi.com/acts?id=53569 The fund and the trust must be established in India. The trust must have at least two trustees, and a company within the meaning of the Companies Act, 2013 cannot be appointed as a trustee without the prior approval of the approving authority. The trustees of the fund must be resident in India, and any trustee who permanently leaves India must vacate office. en-us Fri, 20 Mar 2026 18:49:22 +0530 Wed, 08 Apr 2026 17:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53569 The fund and the trust must be established in India. The trust must have at least two trustees, and a company within the meaning of the Companies Act, 2013 cannot be appointed as a trustee without the prior approval of the approving authority. The trustees of the fund must be resident in India, and any trustee who permanently leaves India must vacate office. Act-Rules Income Tax Fri, 20 Mar 2026 18:49:22 +0530 https://www.taxtmi.com/acts?id=53569