TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Union Budget 2025-26 proposes extending trust registration from 5 to 10 years under Section 12AB for smaller entities.</h1> The Union Budget 2025-26 proposes changes to reduce the compliance burden on smaller trusts or institutions. Currently, under Section 12AB, trusts or institutions must apply for registration every five years or obtain a three-year provisional registration if activities have not commenced. The new proposal extends the registration period from five to ten years for trusts or institutions with an income not exceeding Rs. 5 crores in the two years preceding the application. These changes aim to simplify the process for smaller entities and will be effective from April 1, 2025.
TaxTMI 
TaxTMI 