Legal forms of philanthropic organizations included in the law: Trust, society, limited liability company
Five main social issues addressed by these organizations: Higher education, primary and high school education, basic needs, animals, human rights
Average time established by law to register a philanthropic organization: 31-60 days
There are multiple levels of registration:
1) To register as a trust or society in certain states of India could take up to 90 days.
2) Tax exemption and tax deduction licenses could take an additional 90 days.
3) Obtaining a license to receive foreign funds could take additional 90 days.
Average cost for registering a philanthropic organization: US$500
Professional fees charged by lawyers and accountants to register POs could vary between US$500 to US$1,000, even though the registration fees are only about US$15.
Government levels primarily regulating the incorporation of philanthropic organizations: Central/federal government, state government
Charity in India is a state subject under the constitution. Hence, registration of a trust or society is at the state level. However, income tax is under central or federal law, and tax exemption and deduction is regulated by the central government.